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

$724,300

Magee excavation & development, l.l.c. was initially approved for PPP Loan of amount $724,300, the current approved amount is $724,300. The loan was approved on 04/08/2020 by The First Horizon Bank reported 66 jobs and $724,300 was used to fund payroll.

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

MAGEE EXCAVATION & DEVELOPMENT, L.L.C.

Date Approved

04/08/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

MAGEE EXCAVATION & DEVELOPMENT, L.L.C.

Borrower Address

21664 Highway 40

Borrower City

BUSH

Borrower State

LA

Borrower Zip

70431

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

724300.00

Current Approval Amount

724300.00

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

BUSH

Project County Name

SAINT TAMMANY

Project State

LA

Project Zip

70431-0001

CD

LA-01

Jobs Reported

66

NAICS Code

238910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

724300.00

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

734158.53

Forgiveness Date

08/23/2021

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