PPP Loan information for Magnolia development group llc

$49,152

Magnolia development group llc was initially approved for PPP Loan of amount $49,152, the current approved amount is $49,152. The loan was approved on 01/23/2021 by The Fulton Bank, National Association reported 5 jobs and $49,152 was used to fund payroll.

Magnolia development group llc is Existing or more than 2 years old

PPP Loan Search / NJ / Succasunna / Magnolia development group llc

MAGNOLIA DEVELOPMENT GROUP LLC

Date Approved

01/23/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

MAGNOLIA DEVELOPMENT GROUP LLC

Borrower Address

50B Main St

Borrower City

Succasunna

Borrower State

NJ

Borrower Zip

07876-1475

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

49152.00

Current Approval Amount

49152.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Succasunna

Project County Name

MORRIS

Project State

NJ

Project Zip

07876-1475

CD

NJ-07

Jobs Reported

5

NAICS Code

238390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

49152.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

49420.97

Forgiveness Date

08/10/2021

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