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
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
Project County Name
GEORGETOWN
Project State
Project Zip
CD
SC-07
Jobs Reported
18
NAICS Code
721110
Race
Asian
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Unanswered
Veteran
Non Profit
Forgiveness Amount
101766.61
Forgiveness Date
03/05/2021