PPP Loan information for Magnolia coffee house

$27,000

Magnolia coffee house was initially approved for PPP Loan of amount $27,000, the current approved amount is $27,000. The loan was approved on 04/15/2020 by The Grand Savings Bank reported 7 jobs and $27,000 was used to fund payroll.

Magnolia coffee house is Existing or more than 2 years old

PPP Loan Search / AR / PRAIRIE GROVE / Magnolia coffee house

MAGNOLIA COFFEE HOUSE

Date Approved

04/15/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

MAGNOLIA COFFEE HOUSE

Borrower Address

151 E BUCHANAN ST

Borrower City

PRAIRIE GROVE

Borrower State

AR

Borrower Zip

72753-2900

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

27000.00

Current Approval Amount

27000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

90222

Servicing Lender Name

Grand Savings Bank

Servicing Lender Address

1022 S Main St

Servicing Lender City

GROVE

Servicing Lender State

OK

Servicing Lender Zip

74344-2846

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PRAIRIE GROVE

Project County Name

WASHINGTON

Project State

AR

Project Zip

72753-2900

CD

AR-03

Jobs Reported

7

NAICS Code

311920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

27000.00

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

90222

Originating Lender

Grand Savings Bank

Originating Lender City

GROVE

Originating Lender State

OK

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

27270.00

Forgiveness Date

04/23/2021

;