PPP Loan information for Magnolia dredge & dock llc

$464,307

Magnolia dredge & dock llc was initially approved for PPP Loan of amount $464,307, the current approved amount is $464,307. The loan was approved on 04/12/2020 by The First Horizon Bank reported 35 jobs and $464,307 was used to fund payroll.

Magnolia dredge & dock llc is Existing or more than 2 years old

PPP Loan Search / LA / MANDEVILLE / Magnolia dredge & dock llc

MAGNOLIA DREDGE & DOCK LLC

Date Approved

04/12/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

MAGNOLIA DREDGE & DOCK LLC

Borrower Address

1730 ORLEANS ST

Borrower City

MANDEVILLE

Borrower State

LA

Borrower Zip

70448-3951

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

464307.00

Current Approval Amount

464307.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MANDEVILLE

Project County Name

SAINT TAMMANY

Project State

LA

Project Zip

70448-3951

CD

LA-01

Jobs Reported

35

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

464307.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

470201.12

Forgiveness Date

07/21/2021

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