PPP Loan information for Magnolia beef holding llc

$320,000

Magnolia beef holding llc was initially approved for PPP Loan of amount $320,000, the current approved amount is $320,000. The loan was approved on 02/08/2021 by The Unity Bank reported 40 jobs and $320,000 was used to fund payroll.

Magnolia beef holding llc is Existing or more than 2 years old

PPP Loan Search / NJ / Saddle River / Magnolia beef holding llc

MAGNOLIA BEEF HOLDING LLC

Date Approved

02/08/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

MAGNOLIA BEEF HOLDING LLC

Borrower Address

40 Cameron Rd

Borrower City

Saddle River

Borrower State

NJ

Borrower Zip

07458-2942

Loan Status Date

08/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

320000.00

Current Approval Amount

320000.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Saddle River

Project County Name

BERGEN

Project State

NJ

Project Zip

07458-2942

CD

NJ-05

Jobs Reported

40

NAICS Code

311611

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

319994.00

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

117644

Originating Lender

Unity Bank

Originating Lender City

CLINTON

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

324631.11

Forgiveness Date

07/26/2022

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