PPP Loan information for Magnolia cafe inc.

$293,872

Magnolia cafe inc. was initially approved for PPP Loan of amount $293,872, the current approved amount is $293,872. The loan was approved on 01/21/2021 by The Bank of St. Francisville reported 23 jobs and $293,872 was used to fund payroll.

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

PPP Loan Search / LA / St. Francisville / Magnolia cafe inc.

MAGNOLIA CAFE INC.

Date Approved

01/21/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

MAGNOLIA CAFE INC.

Borrower Address

5689 Commerce Street

Borrower City

St. Francisville

Borrower State

LA

Borrower Zip

70775

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

293872.00

Current Approval Amount

293872.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29277

Servicing Lender Name

Bank of St. Francisville

Servicing Lender Address

5700 Commerce St

Servicing Lender City

SAINT FRANCISVILLE

Servicing Lender State

LA

Servicing Lender Zip

70775

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

St. Francisville

Project County Name

WEST FELICIANA

Project State

LA

Project Zip

70775

CD

LA-05

Jobs Reported

23

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

293866.00

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

29277

Originating Lender

Bank of St. Francisville

Originating Lender City

SAINT FRANCISVILLE

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

296459.71

Forgiveness Date

12/15/2021

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