PPP Loan information for Magnolia estates of pearl, inc

$73,823

Magnolia estates of pearl, inc was initially approved for PPP Loan of amount $36,900, the current approved amount is $73,823. The loan was approved on 04/09/2020 by The The Citizens National Bank of Meridian reported 8 jobs and $73,823 was used to fund payroll.

Magnolia estates of pearl, inc is New Business or 2 years or less

PPP Loan Search / MS / PEARL / Magnolia estates of pearl, inc

MAGNOLIA ESTATES OF PEARL, INC

Date Approved

04/09/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

MAGNOLIA ESTATES OF PEARL, INC

Borrower Address

2430 HIGHWAY 80 E

Borrower City

PEARL

Borrower State

MS

Borrower Zip

39208-3325

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

36900.00

Current Approval Amount

73823.00

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

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

PEARL

Project County Name

RANKIN

Project State

MS

Project Zip

39208-3325

CD

MS-03

Jobs Reported

8

NAICS Code

453930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7382.30

Payroll Proceed

59058.40

Mortgage Interest Proceed

7382.30

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Cooperative

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

74516.12

Forgiveness Date

03/18/2021

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