PPP Loan information for Magnolia hospitality llc

$56,406

Magnolia hospitality llc was initially approved for PPP Loan of amount $56,406, the current approved amount is $56,406. The loan was approved on 02/18/2021 by The Carter Bank & Trust reported 14 jobs and $56,406 was used to fund payroll.

Magnolia hospitality llc is Existing or more than 2 years old

PPP Loan Search / SC / Pawleys Island / Magnolia hospitality llc

MAGNOLIA HOSPITALITY LLC

Date Approved

02/18/2021

SBA Office Code

0464

Processing Method

PPS

Borrower Name

MAGNOLIA HOSPITALITY LLC

Borrower Address

11445 Ocean Hwy

Borrower City

Pawleys Island

Borrower State

SC

Borrower Zip

29585-7093

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

56406.00

Current Approval Amount

56406.00

Undisbursed Amount

0.00

Franchise Name

Best Western - Membership Agreement

Servicing Lender Location Id

445435

Servicing Lender Name

Carter Bank & Trust

Servicing Lender Address

1300 Kings Mountain Rd

Servicing Lender City

MARTINSVILLE

Servicing Lender State

VA

Servicing Lender Zip

24112-7268

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Pawleys Island

Project County Name

GEORGETOWN

Project State

SC

Project Zip

29585-7093

CD

SC-07

Jobs Reported

14

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

56403.00

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

445435

Originating Lender

Carter Bank & Trust

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

56692.73

Forgiveness Date

08/25/2021

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