PPP Loan information for Magnolia innovative solutions

$18,883

Magnolia innovative solutions was initially approved for PPP Loan of amount $18,883, the current approved amount is $18,883. The loan was approved on 05/28/2021 by The PriorityOne Bank reported 3 jobs and $18,883 was used to fund payroll.

Magnolia innovative solutions is Existing or more than 2 years old

MAGNOLIA INNOVATIVE SOLUTIONS

Date Approved

05/28/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

MAGNOLIA INNOVATIVE SOLUTIONS

Borrower Address

101 Hemlock Ln

Borrower City

Madison

Borrower State

MS

Borrower Zip

39110-6818

Loan Status Date

11/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

18882.93

Current Approval Amount

18882.93

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39546

Servicing Lender Name

PriorityOne Bank

Servicing Lender Address

220 Main Ave N

Servicing Lender City

MAGEE

Servicing Lender State

MS

Servicing Lender Zip

39111-3536

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Madison

Project County Name

MADISON

Project State

MS

Project Zip

39110-6818

CD

MS-03

Jobs Reported

3

NAICS Code

541511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

18882.93

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

39546

Originating Lender

PriorityOne Bank

Originating Lender City

MAGEE

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

18972.95

Forgiveness Date

11/24/2021

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