PPP Loan information for Magnolia coastal llc

$38,500

Magnolia coastal llc was initially approved for PPP Loan of amount $38,500, the current approved amount is $38,500. The loan was approved on 01/25/2021 by The Readycap Lending, LLC reported 10 jobs and $38,500 was used to fund payroll.

Magnolia coastal llc is Existing or more than 2 years old

PPP Loan Search / GA / Woodstock / Magnolia coastal llc

MAGNOLIA COASTAL LLC

Date Approved

01/25/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

MAGNOLIA COASTAL LLC

Borrower Address

881 Ridgewalk Pkwy

Borrower City

Woodstock

Borrower State

GA

Borrower Zip

30188-4936

Loan Status Date

04/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

38500.00

Current Approval Amount

38500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

499141

Servicing Lender Name

Readycap Lending, LLC

Servicing Lender Address

200 Connell Drive Suite 4000

Servicing Lender City

BERKELEY HEIGHTS

Servicing Lender State

NJ

Servicing Lender Zip

07922

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Woodstock

Project County Name

CHEROKEE

Project State

GA

Project Zip

30188-4936

CD

GA-11

Jobs Reported

10

NAICS Code

812112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

38496.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

38912.42

Forgiveness Date

03/08/2022

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