PPP Loan information for Magee excavation & development, l.l.c.

$724,305

Magee excavation & development, l.l.c. was initially approved for PPP Loan of amount $724,305, the current approved amount is $724,305. The loan was approved on 02/02/2021 by The First Horizon Bank reported 66 jobs and $724,305 was used to fund payroll.

Magee excavation & development, l.l.c. is Existing or more than 2 years old

PPP Loan Search / LA / Folsom / Magee excavation & development, l.l.c.

MAGEE EXCAVATION & DEVELOPMENT, L.L.C.

Date Approved

02/02/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

MAGEE EXCAVATION & DEVELOPMENT, L.L.C.

Borrower Address

78263 Highway 25

Borrower City

Folsom

Borrower State

LA

Borrower Zip

70437-3424

Loan Status Date

08/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

724305.00

Current Approval Amount

724305.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Folsom

Project County Name

SAINT TAMMANY

Project State

LA

Project Zip

70437-3424

CD

LA-01

Jobs Reported

66

NAICS Code

237310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

724303.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

734203.84

Forgiveness Date

06/23/2022

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