PPP Loan information for Magee benevolent association

$1,311,591

Magee benevolent association was initially approved for PPP Loan of amount $1,311,591, the current approved amount is $1,311,591. The loan was approved on 04/14/2021 by The Loan Source Incorporated reported 143 jobs and $1,311,591 was used to fund payroll.

Magee benevolent association is Existing or more than 2 years old

MAGEE BENEVOLENT ASSOCIATION

Date Approved

04/14/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

MAGEE BENEVOLENT ASSOCIATION

Borrower Address

300 3rd Ave SE

Borrower City

Magee

Borrower State

MS

Borrower Zip

39111-3665

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1311591.00

Current Approval Amount

1311591.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Magee

Project County Name

SIMPSON

Project State

MS

Project Zip

39111-3665

CD

MS-03

Jobs Reported

143

NAICS Code

622110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1311585.00

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

Non-Profit Organization

Originating Lender Location Id

39334

Originating Lender

Trustmark National Bank

Originating Lender City

JACKSON

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

1322155.60

Forgiveness Date

02/10/2022

;