PPP Loan information for Magnolia new beginnings

$2,700

Magnolia new beginnings was initially approved for PPP Loan of amount $2,700, the current approved amount is $2,700. The loan was approved on 07/22/2020 by The St. Jean's CU reported 1 jobs and $2,700 was used to fund payroll.

Magnolia new beginnings is Existing or more than 2 years old

MAGNOLIA NEW BEGINNINGS

Date Approved

07/22/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MAGNOLIA NEW BEGINNINGS

Borrower Address

286 Park Street

Borrower City

NORTH READING

Borrower State

MA

Borrower Zip

01864-2716

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2700.00

Current Approval Amount

2700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98534

Servicing Lender Name

St. Jean's CU

Servicing Lender Address

250 Maple St

Servicing Lender City

LYNN

Servicing Lender State

MA

Servicing Lender Zip

01904-2728

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH READING

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01864-2716

CD

MA-06

Jobs Reported

1

NAICS Code

621420

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2700.00

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

Non-Profit Organization

Originating Lender Location Id

98534

Originating Lender

St. Jean's CU

Originating Lender City

LYNN

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2716.28

Forgiveness Date

02/25/2021

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