PPP Loan information for Magnolia 1020 llc

$58,122

Magnolia 1020 llc was initially approved for PPP Loan of amount $53,375, the current approved amount is $58,122. The loan was approved on 04/06/2021 by The MBE Capital Partners reported 3 jobs and $58,122 was used to fund payroll.

Magnolia 1020 llc is Existing or more than 2 years old

PPP Loan Search / GA / Brookhaven / Magnolia 1020 llc

MAGNOLIA 1020 LLC

Date Approved

04/06/2021

SBA Office Code

0405

Processing Method

PPP

Borrower Name

MAGNOLIA 1020 LLC

Borrower Address

3833 Peachtree Rd NE

Borrower City

Brookhaven

Borrower State

GA

Borrower Zip

30319-5203

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

53375.00

Current Approval Amount

58122.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

529431

Servicing Lender Name

MBE Capital Partners

Servicing Lender Address

1 Bridge Plaza N. # 550

Servicing Lender City

Fort Lee

Servicing Lender State

NJ

Servicing Lender Zip

07024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brookhaven

Project County Name

DEKALB

Project State

GA

Project Zip

30319-5203

CD

GA-04

Jobs Reported

3

NAICS Code

541611

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

58122.00

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

529431

Originating Lender

MBE Capital Partners

Originating Lender City

Fort Lee

Originating Lender State

NJ

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

58351.26

Forgiveness Date

09/07/2021

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