PPP Loan information for Magnolia baby inc.

$78,777

Magnolia baby inc. was initially approved for PPP Loan of amount $78,777, the current approved amount is $78,777. The loan was approved on 03/17/2021 by The Santander Bank, National Association reported 8 jobs and $78,777 was used to fund payroll.

Magnolia baby inc. is Existing or more than 2 years old

PPP Loan Search / NJ / West Long Branch / Magnolia baby inc.

MAGNOLIA BABY INC.

Date Approved

03/17/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

MAGNOLIA BABY INC.

Borrower Address

804 Broadway Ste 4

Borrower City

West Long Branch

Borrower State

NJ

Borrower Zip

07764-2203

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

78777.00

Current Approval Amount

78777.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

West Long Branch

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07764-2203

CD

NJ-06

Jobs Reported

8

NAICS Code

424330

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

78777.00

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

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

79051.10

Forgiveness Date

07/26/2021

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