PPP Loan information for Magnolia masonry

$164,000

Magnolia masonry was initially approved for PPP Loan of amount $164,000, the current approved amount is $164,000. The loan was approved on 06/02/2020 by The Regions Bank reported 28 jobs and $164,000 was used to fund payroll.

Magnolia masonry is Existing or more than 2 years old

MAGNOLIA MASONRY

Date Approved

06/02/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

MAGNOLIA MASONRY

Borrower Address

429 E COMMERCE ST ste 315

Borrower City

HERNANDO

Borrower State

MS

Borrower Zip

38632-2348

Loan Status Date

Loan Status

Exemption 4

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

164000.00

Current Approval Amount

164000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HERNANDO

Project County Name

DESOTO

Project State

MS

Project Zip

38632-2348

CD

MS-01

Jobs Reported

28

NAICS Code

238140

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

164000.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

35347.60

Forgiveness Date

03/30/2022

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