PPP Loan information for Magnolia lending, llc

$20,832

Magnolia lending, llc was initially approved for PPP Loan of amount $20,832, the current approved amount is $20,832. The loan was approved on 04/29/2020 by The Citizens Bank & Trust reported 1 jobs and $20,832 was used to fund payroll.

Magnolia lending, llc is New Business or 2 years or less

PPP Loan Search / AL / ARAB / Magnolia lending, llc

MAGNOLIA LENDING, LLC

Date Approved

04/29/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MAGNOLIA LENDING, LLC

Borrower Address

978 HAMPTON RIDGE CIRCLE

Borrower City

ARAB

Borrower State

AL

Borrower Zip

35016

Loan Status Date

Loan Status

Exemption 4

Term

44

SBA Guaranty Percentage

100

Initial Approval Amount

20832.00

Current Approval Amount

20832.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

323110

Servicing Lender Name

Citizens Bank & Trust

Servicing Lender Address

711 Gunter Ave

Servicing Lender City

GUNTERSVILLE

Servicing Lender State

AL

Servicing Lender Zip

35976-1515

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ARAB

Project County Name

MARSHALL

Project State

AL

Project Zip

35016-0001

CD

AL-04

Jobs Reported

1

NAICS Code

522292

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

20832.00

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

323110

Originating Lender

Citizens Bank & Trust

Originating Lender City

GUNTERSVILLE

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;