PPP Loan information for Mager a varnado jr

$40,992

Mager a varnado jr was initially approved for PPP Loan of amount $40,992, the current approved amount is $40,992. The loan was approved on 03/12/2021 by The The First Bank reported 3 jobs and $40,992 was used to fund payroll.

Mager a varnado jr is Existing or more than 2 years old

MAGER A VARNADO JR

Date Approved

03/12/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

MAGER A VARNADO JR

Borrower Address

2210 Pass Rd Ste C

Borrower City

Gulfport

Borrower State

MS

Borrower Zip

39501-4905

Loan Status Date

08/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40991.92

Current Approval Amount

40991.92

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120708

Servicing Lender Name

The First Bank

Servicing Lender Address

6480 Hwy 98, West

Servicing Lender City

HATTIESBURG

Servicing Lender State

MS

Servicing Lender Zip

39402

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Gulfport

Project County Name

HARRISON

Project State

MS

Project Zip

39501-4905

CD

MS-04

Jobs Reported

3

NAICS Code

541110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

40985.92

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

Sole Proprietorship

Originating Lender Location Id

120708

Originating Lender

The First Bank

Originating Lender City

HATTIESBURG

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

41546.45

Forgiveness Date

07/25/2022

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