PPP Loan information for Magnolia hospitality llc

$100,920

Magnolia hospitality llc was initially approved for PPP Loan of amount $100,920, the current approved amount is $100,920. The loan was approved on 04/27/2020 by The Carter Bank & Trust reported 18 jobs and $100,920 was used to fund payroll.

Magnolia hospitality llc is Existing or more than 2 years old

MAGNOLIA HOSPITALITY LLC

Date Approved

04/27/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

MAGNOLIA HOSPITALITY LLC

Borrower Address

11445 Ocean Highway

Borrower City

Pawleys Island

Borrower State

SC

Borrower Zip

29585-7093

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

100920.00

Current Approval Amount

100920.00

Undisbursed Amount

0.00

Franchise Name

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

18

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

100920.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

101766.61

Forgiveness Date

03/05/2021

;