PPP Loan information for Magic valley staffing solutions inc.

$1,950,000

Magic valley staffing solutions inc. was initially approved for PPP Loan of amount $1,950,000, the current approved amount is $1,950,000. The loan was approved on 02/20/2021 by The Regions Bank reported 332 jobs and $1,950,000 was used to fund payroll.

Magic valley staffing solutions inc. is Existing or more than 2 years old

MAGIC VALLEY STAFFING SOLUTIONS INC.

Date Approved

02/20/2021

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MAGIC VALLEY STAFFING SOLUTIONS INC.

Borrower Address

280 Parkstone Pl

Borrower City

Jackson

Borrower State

TN

Borrower Zip

38305-7585

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1950000.00

Current Approval Amount

1950000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Jackson

Project County Name

MADISON

Project State

TN

Project Zip

38305-7585

CD

TN-08

Jobs Reported

332

NAICS Code

561320

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1950000.00

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

Corporation

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1956891.78

Forgiveness Date

07/02/2021

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