PPP Loan information for Little magnolias child care center llc

$55,325

Little magnolias child care center llc was initially approved for PPP Loan of amount $55,325, the current approved amount is $55,325. The loan was approved on 04/27/2020 by The Cornerstone Bank reported 13 jobs and $55,325 was used to fund payroll.

Little magnolias child care center llc is New Business or 2 years or less

PPP Loan Search / VA / LEXINGTON / Little magnolias child care center llc

LITTLE MAGNOLIAS CHILD CARE CENTER LLC

Date Approved

04/27/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

LITTLE MAGNOLIAS CHILD CARE CENTER LLC

Borrower Address

650 N LEE HWY

Borrower City

LEXINGTON

Borrower State

VA

Borrower Zip

24450-3759

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55325.00

Current Approval Amount

55325.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

462675

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

54 S Main St

Servicing Lender City

LEXINGTON

Servicing Lender State

VA

Servicing Lender Zip

24450-2523

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

LEXINGTON

Project County Name

ROCKBRIDGE

Project State

VA

Project Zip

24450-3759

CD

VA-06

Jobs Reported

13

NAICS Code

624410

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

45325.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

462675

Originating Lender

Cornerstone Bank

Originating Lender City

LEXINGTON

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

55846.42

Forgiveness Date

04/12/2021

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