PPP Loan information for Magnolia drugs, inc.

$29,200

Magnolia drugs, inc. was initially approved for PPP Loan of amount $29,200, the current approved amount is $29,200. The loan was approved on 04/28/2020 by The The Peoples Bank reported 2 jobs and $29,200 was used to fund payroll.

Magnolia drugs, inc. is New Business or 2 years or less

PPP Loan Search / MS / MYRTLE / Magnolia drugs, inc.

MAGNOLIA DRUGS, INC.

Date Approved

04/28/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

MAGNOLIA DRUGS, INC.

Borrower Address

1757 STATE ROAD 178, Suite B

Borrower City

MYRTLE

Borrower State

MS

Borrower Zip

38650-9233

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

29200.00

Current Approval Amount

29200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39728

Servicing Lender Name

The Peoples Bank

Servicing Lender Address

305 E Jefferson St

Servicing Lender City

RIPLEY

Servicing Lender State

MS

Servicing Lender Zip

38663-2021

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MYRTLE

Project County Name

UNION

Project State

MS

Project Zip

38650-9233

CD

MS-01

Jobs Reported

2

NAICS Code

446110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2920.00

Payroll Proceed

23360.00

Mortgage Interest Proceed

2920.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

39728

Originating Lender

The Peoples Bank

Originating Lender City

RIPLEY

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

29405.60

Forgiveness Date

01/12/2021

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