PPP Loan information for Magnolia distributors llc

$35,600

Magnolia distributors llc was initially approved for PPP Loan of amount $35,600, the current approved amount is $35,600. The loan was approved on 04/28/2020 by The HomeTrust Bank reported 5 jobs and $35,600 was used to fund payroll.

Magnolia distributors llc is New Business or 2 years or less

PPP Loan Search / GA / NORCROSS / Magnolia distributors llc

MAGNOLIA DISTRIBUTORS LLC

Date Approved

04/28/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

MAGNOLIA DISTRIBUTORS LLC

Borrower Address

5150 Peachtree Industrial Blvd Ste 500

Borrower City

NORCROSS

Borrower State

GA

Borrower Zip

30071

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

35600.00

Current Approval Amount

35600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77468

Servicing Lender Name

HomeTrust Bank

Servicing Lender Address

10 Woodfin St

Servicing Lender City

ASHEVILLE

Servicing Lender State

NC

Servicing Lender Zip

28801-3022

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

NORCROSS

Project County Name

GWINNETT

Project State

GA

Project Zip

30071-1000

CD

GA-07

Jobs Reported

5

NAICS Code

424990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3560.00

Payroll Proceed

26700.00

Mortgage Interest Proceed

0.00

Rent Proceed

3560.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1780.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

77468

Originating Lender

HomeTrust Bank

Originating Lender City

ASHEVILLE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

35961.93

Forgiveness Date

05/06/2021

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