PPP Loan information for Magical moments learning academy, inc.

$56,525

Magical moments learning academy, inc. was initially approved for PPP Loan of amount $56,525, the current approved amount is $56,525. The loan was approved on 04/14/2020 by The First Horizon Bank reported 10 jobs and $56,525 was used to fund payroll.

Magical moments learning academy, inc. is Existing or more than 2 years old

PPP Loan Search / NC / MOUNT AIRY / Magical moments learning academy, inc.

MAGICAL MOMENTS LEARNING ACADEMY, INC.

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MAGICAL MOMENTS LEARNING ACADEMY, INC.

Borrower Address

122 WILLIAMSON AVE

Borrower City

MOUNT AIRY

Borrower State

NC

Borrower Zip

27030

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56525.00

Current Approval Amount

56525.00

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

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT AIRY

Project County Name

SURRY

Project State

NC

Project Zip

27030-0001

CD

NC-05

Jobs Reported

10

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

56525.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

57273.96

Forgiveness Date

08/17/2021

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