PPP Loan information for Magbee bros. lumber and supply company, inc.

$2,340,000

Magbee bros. lumber and supply company, inc. was initially approved for PPP Loan of amount $2,340,000, the current approved amount is $2,340,000. The loan was approved on 04/15/2020 by The United Community Bank reported 217 jobs and $2,340,000 was used to fund payroll.

Magbee bros. lumber and supply company, inc. is Existing or more than 2 years old

PPP Loan Search / GA / WINDER / Magbee bros. lumber and supply company, inc.

MAGBEE BROS. LUMBER AND SUPPLY COMPANY, INC.

Date Approved

04/15/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

MAGBEE BROS. LUMBER AND SUPPLY COMPANY, INC.

Borrower Address

1065 BANKHEAD HIGHWAY

Borrower City

WINDER

Borrower State

GA

Borrower Zip

30680

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2340000.00

Current Approval Amount

2340000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WINDER

Project County Name

BARROW

Project State

GA

Project Zip

30680-0001

CD

GA-10

Jobs Reported

217

NAICS Code

423390

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2340000.00

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

Corporation

Originating Lender Location Id

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2366413.15

Forgiveness Date

06/11/2021

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