PPP Loan information for Magdolen inc

$26,100

Magdolen inc was initially approved for PPP Loan of amount $26,100, the current approved amount is $26,100. The loan was approved on 04/28/2020 by The United Community Bank reported 3 jobs and $26,100 was used to fund payroll.

Magdolen inc is Existing or more than 2 years old

MAGDOLEN INC

Date Approved

04/28/2020

SBA Office Code

0681

Processing Method

PPP

Borrower Name

MAGDOLEN INC

Borrower Address

26139 Park Bend Drive

Borrower City

NEW BRAUNFELS

Borrower State

TX

Borrower Zip

78132

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

26100.00

Current Approval Amount

26100.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

NEW BRAUNFELS

Project County Name

COMAL

Project State

TX

Project Zip

78132-0002

CD

TX-21

Jobs Reported

3

NAICS Code

561790

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

26100.00

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

Subchapter S Corporation

Originating Lender Location Id

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

20207.93

Forgiveness Date

11/23/2020

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