PPP Loan information for Magnolia gardens of southern pines, llc

$268,450

Magnolia gardens of southern pines, llc was initially approved for PPP Loan of amount $285,422, the current approved amount is $268,450. The loan was approved on 04/15/2020 by The Atlantic Union Bank reported 41 jobs and $268,450 was used to fund payroll.

Magnolia gardens of southern pines, llc is New Business or 2 years or less

PPP Loan Search / NC / Southern Pines / Magnolia gardens of southern pines, llc

MAGNOLIA GARDENS OF SOUTHERN PINES, LLC

Date Approved

04/15/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MAGNOLIA GARDENS OF SOUTHERN PINES, LLC

Borrower Address

594 Murray Hill Rd

Borrower City

Southern Pines

Borrower State

NC

Borrower Zip

28387

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

285422.00

Current Approval Amount

268450.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Southern Pines

Project County Name

MOORE

Project State

NC

Project Zip

28387-0001

CD

NC-09

Jobs Reported

41

NAICS Code

623312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

268450.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

271611.74

Forgiveness Date

06/29/2021

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