PPP Loan information for Magnolia academy llc

$122,223

Magnolia academy llc was initially approved for PPP Loan of amount $122,223, the current approved amount is $122,223. The loan was approved on 03/09/2021 by The Unity Bank reported 19 jobs and $122,223 was used to fund payroll.

Magnolia academy llc is Existing or more than 2 years old

PPP Loan Search / NJ / Whitehouse Station / Magnolia academy llc

MAGNOLIA ACADEMY LLC

Date Approved

03/09/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

MAGNOLIA ACADEMY LLC

Borrower Address

2 Lake Dr

Borrower City

Whitehouse Station

Borrower State

NJ

Borrower Zip

08889-3270

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

122222.50

Current Approval Amount

122222.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117644

Servicing Lender Name

Unity Bank

Servicing Lender Address

64 Old Hwy 22

Servicing Lender City

CLINTON

Servicing Lender State

NJ

Servicing Lender Zip

08809-1305

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Whitehouse Station

Project County Name

HUNTERDON

Project State

NJ

Project Zip

08889-3270

CD

NJ-07

Jobs Reported

19

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

122218.50

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

117644

Originating Lender

Unity Bank

Originating Lender City

CLINTON

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

123044.11

Forgiveness Date

11/16/2021

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