PPP Loan information for Magnolia insurance services

$7,900

Magnolia insurance services was initially approved for PPP Loan of amount $7,900, the current approved amount is $7,900. The loan was approved on 04/06/2020 by The First State Bank reported 2 jobs and $7,900 was used to fund payroll.

Magnolia insurance services is Existing or more than 2 years old

MAGNOLIA INSURANCE SERVICES

Date Approved

04/06/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

MAGNOLIA INSURANCE SERVICES

Borrower Address

205 ADAMS ST

Borrower City

ELLISVILLE

Borrower State

MS

Borrower Zip

39437-2401

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7900.00

Current Approval Amount

7900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40068

Servicing Lender Name

First State Bank

Servicing Lender Address

708 Azalea Dr

Servicing Lender City

WAYNESBORO

Servicing Lender State

MS

Servicing Lender Zip

39367-2719

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ELLISVILLE

Project County Name

JONES

Project State

MS

Project Zip

39437-2401

CD

MS-04

Jobs Reported

2

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

7900.00

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

Sole Proprietorship

Originating Lender Location Id

40068

Originating Lender

First State Bank

Originating Lender City

WAYNESBORO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

7958.59

Forgiveness Date

01/07/2021

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