PPP Loan information for Magnolia on main, inc.

$23,200

Magnolia on main, inc. was initially approved for PPP Loan of amount $23,200, the current approved amount is $23,200. The loan was approved on 04/12/2020 by The First Capital Bank reported 7 jobs and $23,200 was used to fund payroll.

Magnolia on main, inc. is Existing or more than 2 years old

PPP Loan Search / SC / BENNETTSVILLE / Magnolia on main, inc.

MAGNOLIA ON MAIN, INC.

Date Approved

04/12/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

MAGNOLIA ON MAIN, INC.

Borrower Address

226 East Main Street

Borrower City

BENNETTSVILLE

Borrower State

SC

Borrower Zip

29512-3106

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

23200.00

Current Approval Amount

23200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123953

Servicing Lender Name

First Capital Bank

Servicing Lender Address

909 S Main St

Servicing Lender City

Laurinburg

Servicing Lender State

NC

Servicing Lender Zip

28352

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BENNETTSVILLE

Project County Name

MARLBORO

Project State

SC

Project Zip

29512-3106

CD

SC-07

Jobs Reported

7

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

23200.00

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

Subchapter S Corporation

Originating Lender Location Id

123953

Originating Lender

First Capital Bank

Originating Lender City

Laurinburg

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

15286.98

Forgiveness Date

11/10/2020

;