PPP Loan information for Magnificent late model inc.

$16,500

Magnificent late model inc. was initially approved for PPP Loan of amount $16,500, the current approved amount is $16,500. The loan was approved on 05/01/2020 by The Bank of Commerce reported 1 jobs and $16,500 was used to fund payroll.

Magnificent late model inc. is Existing or more than 2 years old

PPP Loan Search / MS / CARROLLTON / Magnificent late model inc.

MAGNIFICENT LATE MODEL INC.

Date Approved

05/01/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

MAGNIFICENT LATE MODEL INC.

Borrower Address

21311 Highway 82

Borrower City

CARROLLTON

Borrower State

MS

Borrower Zip

38917-6720

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

16500.00

Current Approval Amount

16500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39227

Servicing Lender Name

Bank of Commerce

Servicing Lender Address

310 Howard St

Servicing Lender City

GREENWOOD

Servicing Lender State

MS

Servicing Lender Zip

38930-4336

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CARROLLTON

Project County Name

CARROLL

Project State

MS

Project Zip

38917-6720

CD

MS-02

Jobs Reported

1

NAICS Code

811118

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

16500.00

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

Independent Contractors

Originating Lender Location Id

39227

Originating Lender

Bank of Commerce

Originating Lender City

GREENWOOD

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

16632.00

Forgiveness Date

02/25/2021

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