PPP Loan information for Magnolia financial management services inc.

$42,275

Magnolia financial management services inc. was initially approved for PPP Loan of amount $42,275, the current approved amount is $42,275. The loan was approved on 02/24/2021 by The Truist Bank reported 4 jobs and $42,275 was used to fund payroll.

Magnolia financial management services inc. is Existing or more than 2 years old

PPP Loan Search / GA / Sandy Springs / Magnolia financial management services inc.

MAGNOLIA FINANCIAL MANAGEMENT SERVICES INC.

Date Approved

02/24/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

MAGNOLIA FINANCIAL MANAGEMENT SERVICES INC.

Borrower Address

8470 Lazy Oaks Ct

Borrower City

Sandy Springs

Borrower State

GA

Borrower Zip

30350-3532

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

42275.00

Current Approval Amount

42275.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sandy Springs

Project County Name

FULTON

Project State

GA

Project Zip

30350-3532

CD

GA-06

Jobs Reported

4

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

42273.00

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

Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

42742.37

Forgiveness Date

03/31/2022

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