PPP Loan information for Magnolia automotive services llc

$613,700

Magnolia automotive services llc was initially approved for PPP Loan of amount $613,700, the current approved amount is $613,700. The loan was approved on 04/15/2020 by The Renasant Bank reported 57 jobs and $613,700 was used to fund payroll.

Magnolia automotive services llc is Existing or more than 2 years old

PPP Loan Search / MS / BLUE SPRINGS / Magnolia automotive services llc

MAGNOLIA AUTOMOTIVE SERVICES LLC

Date Approved

04/15/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

MAGNOLIA AUTOMOTIVE SERVICES LLC

Borrower Address

PO BOX 1200 Magnolia Way

Borrower City

BLUE SPRINGS

Borrower State

MS

Borrower Zip

38828-0147

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

613700.00

Current Approval Amount

613700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40010

Servicing Lender Name

Renasant Bank

Servicing Lender Address

209 Troy St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4827

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BLUE SPRINGS

Project County Name

UNION

Project State

MS

Project Zip

38828-0147

CD

MS-01

Jobs Reported

57

NAICS Code

333618

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

613700.00

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

40010

Originating Lender

Renasant Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

617416.29

Forgiveness Date

12/17/2020

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