PPP Loan information for James posey jr

$5,972

James posey jr was initially approved for PPP Loan of amount $5,972, the current approved amount is $5,972. The loan was approved on 02/03/2021 by The Magnifi Financial CU reported 1 jobs and $5,972 was used to fund payroll.

James posey jr is Existing or more than 2 years old

JAMES POSEY JR

Date Approved

02/03/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

JAMES POSEY JR

Borrower Address

27842 E State Highway 55

Borrower City

Paynesville

Borrower State

MN

Borrower Zip

56362-9647

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

5972.00

Current Approval Amount

5972.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Paynesville

Project County Name

STEARNS

Project State

MN

Project Zip

56362-9647

CD

MN-07

Jobs Reported

1

NAICS Code

238990

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

5971.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

6005.38

Forgiveness Date

08/30/2021

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