PPP Loan information for Magnolia estates of brookhaven, inc

$90,927

Magnolia estates of brookhaven, inc was initially approved for PPP Loan of amount $90,927, the current approved amount is $90,927. The loan was approved on 04/09/2020 by The The Citizens National Bank of Meridian reported 7 jobs and $90,927 was used to fund payroll.

Magnolia estates of brookhaven, inc is Existing or more than 2 years old

MAGNOLIA ESTATES OF BROOKHAVEN, INC

Date Approved

04/09/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

MAGNOLIA ESTATES OF BROOKHAVEN, INC

Borrower Address

533 HIGHWAY 51 N

Borrower City

BROOKHAVEN

Borrower State

MS

Borrower Zip

39601-2334

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

90927.00

Current Approval Amount

90927.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39604

Servicing Lender Name

The Citizens National Bank of Meridian

Servicing Lender Address

512 22nd Ave

Servicing Lender City

MERIDIAN

Servicing Lender State

MS

Servicing Lender Zip

39301-5853

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BROOKHAVEN

Project County Name

LINCOLN

Project State

MS

Project Zip

39601-2334

CD

MS-03

Jobs Reported

7

NAICS Code

453930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9092.70

Payroll Proceed

72741.60

Mortgage Interest Proceed

9092.70

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

39604

Originating Lender

The Citizens National Bank of Meridian

Originating Lender City

MERIDIAN

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

91780.70

Forgiveness Date

03/18/2021

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