PPP Loan information for Magnolia homes, inc

$280,200

Magnolia homes, inc was initially approved for PPP Loan of amount $280,200, the current approved amount is $280,200. The loan was approved on 04/10/2020 by The Simmons Bank reported 15 jobs and $280,200 was used to fund payroll.

Magnolia homes, inc is Existing or more than 2 years old

PPP Loan Search / TN / GERMANTOWN / Magnolia homes, inc

MAGNOLIA HOMES, INC

Date Approved

04/10/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MAGNOLIA HOMES, INC

Borrower Address

3023 CENTRE OAK WAY Suite 101

Borrower City

GERMANTOWN

Borrower State

TN

Borrower Zip

38138-6303

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

280200.00

Current Approval Amount

280200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4679

Servicing Lender Name

Simmons Bank

Servicing Lender Address

501 Main St

Servicing Lender City

PINE BLUFF

Servicing Lender State

AR

Servicing Lender Zip

71601-4327

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GERMANTOWN

Project County Name

SHELBY

Project State

TN

Project Zip

38138-6303

CD

TN-08

Jobs Reported

15

NAICS Code

236118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

280200.00

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

4679

Originating Lender

Simmons Bank

Originating Lender City

PINE BLUFF

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

282710.28

Forgiveness Date

03/11/2021

;