PPP Loan information for Magnolia coastal llc

$42,600

Magnolia coastal llc was initially approved for PPP Loan of amount $42,600, the current approved amount is $42,600. The loan was approved on 04/14/2020 by The Customers Bank reported 12 jobs and $42,600 was used to fund payroll.

Magnolia coastal llc is Existing or more than 2 years old

MAGNOLIA COASTAL LLC

Date Approved

04/14/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

MAGNOLIA COASTAL LLC

Borrower Address

881 Ridgewalk Parkway

Borrower City

Woodstock

Borrower State

GA

Borrower Zip

30188

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42600.00

Current Approval Amount

42600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

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

30188-0001

CD

GA-11

Jobs Reported

12

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

42600.00

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

42941.97

Forgiveness Date

03/02/2021

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