PPP Loan information for Magnolia label company, inc.

$84,600

Magnolia label company, inc. was initially approved for PPP Loan of amount $84,600, the current approved amount is $84,600. The loan was approved on 04/15/2020 by The Community Bank of Mississippi reported 13 jobs and $84,600 was used to fund payroll.

Magnolia label company, inc. is Existing or more than 2 years old

PPP Loan Search / MS / JACKSON / Magnolia label company, inc.

MAGNOLIA LABEL COMPANY, INC.

Date Approved

04/15/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

MAGNOLIA LABEL COMPANY, INC.

Borrower Address

7380 I 55 S

Borrower City

JACKSON

Borrower State

MS

Borrower Zip

39272-9169

Loan Status Date

03/09/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

84600.00

Current Approval Amount

84600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39217

Servicing Lender Name

Community Bank of Mississippi

Servicing Lender Address

323 E Third St

Servicing Lender City

Forest

Servicing Lender State

MS

Servicing Lender Zip

39074-0059

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JACKSON

Project County Name

HINDS

Project State

MS

Project Zip

39272-9169

CD

MS-02

Jobs Reported

13

NAICS Code

323111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10776.00

Payroll Proceed

68060.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5764.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

39217

Originating Lender

Community Bank of Mississippi

Originating Lender City

Forest

Originating Lender State

MS

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

86136.71

Forgiveness Date

02/10/2022

;