PPP Loan information for Magnolia home care inc.

$55,671

Magnolia home care inc. was initially approved for PPP Loan of amount $55,671, the current approved amount is $55,671. The loan was approved on 03/12/2021 by The The Cleveland State Bank reported 29 jobs and $55,671 was used to fund payroll.

Magnolia home care inc. is Existing or more than 2 years old

PPP Loan Search / MS / Cleveland / Magnolia home care inc.

MAGNOLIA HOME CARE INC.

Date Approved

03/12/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

MAGNOLIA HOME CARE INC.

Borrower Address

918 Ninth Ave

Borrower City

Cleveland

Borrower State

MS

Borrower Zip

38732-3638

Loan Status Date

03/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

55670.62

Current Approval Amount

55670.62

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39186

Servicing Lender Name

The Cleveland State Bank

Servicing Lender Address

110 Commerce Ave

Servicing Lender City

CLEVELAND

Servicing Lender State

MS

Servicing Lender Zip

38732-2736

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Cleveland

Project County Name

BOLIVAR

Project State

MS

Project Zip

38732-3638

CD

MS-02

Jobs Reported

29

NAICS Code

621610

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

55669.62

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

39186

Originating Lender

The Cleveland State Bank

Originating Lender City

CLEVELAND

Originating Lender State

MS

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

55818.57

Forgiveness Date

06/25/2021

;