PPP Loan information for Magnolia management group ltd

$236,200

Magnolia management group ltd was initially approved for PPP Loan of amount $236,200, the current approved amount is $236,200. The loan was approved on 04/09/2020 by The The Huntington National Bank reported 17 jobs and $236,200 was used to fund payroll.

Magnolia management group ltd is Existing or more than 2 years old

MAGNOLIA MANAGEMENT GROUP LTD

Date Approved

04/09/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

MAGNOLIA MANAGEMENT GROUP LTD

Borrower Address

5445 Smith Rd

Borrower City

BROOKPARK

Borrower State

OH

Borrower Zip

44142-2026

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

236200.00

Current Approval Amount

236200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BROOKPARK

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44142-2026

CD

OH-07

Jobs Reported

17

NAICS Code

561110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

236200.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

237966.65

Forgiveness Date

01/26/2021

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