PPP Loan information for Magnolia cabinet & millwork, inc

$37,500

Magnolia cabinet & millwork, inc was initially approved for PPP Loan of amount $37,500, the current approved amount is $37,500. The loan was approved on 04/04/2020 by The Farmers and Merchants Bank reported 6 jobs and $37,500 was used to fund payroll.

Magnolia cabinet & millwork, inc is Existing or more than 2 years old

PPP Loan Search / MS / MANTACHIE / Magnolia cabinet & millwork, inc

MAGNOLIA CABINET & MILLWORK, INC

Date Approved

04/04/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

MAGNOLIA CABINET & MILLWORK, INC

Borrower Address

3031 HWY 371

Borrower City

MANTACHIE

Borrower State

MS

Borrower Zip

38855

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

37500.00

Current Approval Amount

37500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39079

Servicing Lender Name

Farmers and Merchants Bank

Servicing Lender Address

111 W Clayton St

Servicing Lender City

BALDWYN

Servicing Lender State

MS

Servicing Lender Zip

38824-1804

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MANTACHIE

Project County Name

ITAWAMBA

Project State

MS

Project Zip

38855-0001

CD

MS-01

Jobs Reported

6

NAICS Code

337110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3750.00

Payroll Proceed

30000.00

Mortgage Interest Proceed

3750.00

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

39079

Originating Lender

Farmers and Merchants Bank

Originating Lender City

BALDWYN

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

37839.58

Forgiveness Date

03/03/2021

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