PPP Loan information for Magnolia inn & suites llc

$89,333

Magnolia inn & suites llc was initially approved for PPP Loan of amount $89,333, the current approved amount is $89,333. The loan was approved on 02/25/2021 by The Loan Source Incorporated reported 28 jobs and $89,333 was used to fund payroll.

Magnolia inn & suites llc is Existing or more than 2 years old

MAGNOLIA INN & SUITES LLC

Date Approved

02/25/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

MAGNOLIA INN & SUITES LLC

Borrower Address

816 Highway 98 Byp

Borrower City

Columbia

Borrower State

MS

Borrower Zip

39429-8255

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

89333.00

Current Approval Amount

89333.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Columbia

Project County Name

MARION

Project State

MS

Project Zip

39429-8255

CD

MS-04

Jobs Reported

28

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

89333.00

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

39334

Originating Lender

Trustmark National Bank

Originating Lender City

JACKSON

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

90140.67

Forgiveness Date

01/31/2022

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