PPP Loan information for Magnolia packing, inc.

$339,957

Magnolia packing, inc. was initially approved for PPP Loan of amount $339,957, the current approved amount is $339,957. The loan was approved on 04/07/2020 by The Citizens Bank of Americus reported 75 jobs and $339,957 was used to fund payroll.

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

PPP Loan Search / GA / AMERICUS / Magnolia packing, inc.

MAGNOLIA PACKING, INC.

Date Approved

04/07/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

MAGNOLIA PACKING, INC.

Borrower Address

1307 SOUTHERFIELD RD

Borrower City

AMERICUS

Borrower State

GA

Borrower Zip

31719-8134

Loan Status Date

05/26/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

339957.42

Current Approval Amount

339957.42

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

17819

Servicing Lender Name

Citizens Bank of Americus

Servicing Lender Address

119 N Lee St

Servicing Lender City

AMERICUS

Servicing Lender State

GA

Servicing Lender Zip

31709-3503

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AMERICUS

Project County Name

SUMTER

Project State

GA

Project Zip

31719-8134

CD

GA-02

Jobs Reported

75

NAICS Code

488991

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

32383.78

Payroll Proceed

271965.94

Mortgage Interest Proceed

0.00

Rent Proceed

35607.70

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

17819

Originating Lender

Citizens Bank of Americus

Originating Lender City

AMERICUS

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

341987.85

Forgiveness Date

11/19/2020

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