PPP Loan information for Magnolia gardens assisted living inc

$152,900

Magnolia gardens assisted living inc was initially approved for PPP Loan of amount $152,900, the current approved amount is $152,900. The loan was approved on 04/11/2020 by The Community Bank of Mississippi reported 30 jobs and $152,900 was used to fund payroll.

Magnolia gardens assisted living inc is Existing or more than 2 years old

PPP Loan Search / MS / ELLISVILLE / Magnolia gardens assisted living inc

MAGNOLIA GARDENS ASSISTED LIVING INC

Date Approved

04/11/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

MAGNOLIA GARDENS ASSISTED LIVING INC

Borrower Address

303 E IVY ST

Borrower City

ELLISVILLE

Borrower State

MS

Borrower Zip

39437-2746

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

152900.00

Current Approval Amount

152900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39217

Servicing Lender Name

Community Bank of Mississippi

Servicing Lender Address

323 E Third St

Servicing Lender City

Forest

Servicing Lender State

MS

Servicing Lender Zip

39074-0059

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ELLISVILLE

Project County Name

JONES

Project State

MS

Project Zip

39437-2746

CD

MS-04

Jobs Reported

30

NAICS Code

623311

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

18300.00

Payroll Proceed

134600.00

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

Subchapter S Corporation

Originating Lender Location Id

39217

Originating Lender

Community Bank of Mississippi

Originating Lender City

Forest

Originating Lender State

MS

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

154114.82

Forgiveness Date

02/01/2021

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