PPP Loan information for Magnolia plantation corporation

$511,100

Magnolia plantation corporation was initially approved for PPP Loan of amount $511,100, the current approved amount is $511,100. The loan was approved on 04/29/2020 by The First-Citizens Bank & Trust Company reported 111 jobs and $511,100 was used to fund payroll.

Magnolia plantation corporation is New Business or 2 years or less

PPP Loan Search / SC / CHARLESTON / Magnolia plantation corporation

MAGNOLIA PLANTATION CORPORATION

Date Approved

04/29/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

MAGNOLIA PLANTATION CORPORATION

Borrower Address

3550 ASHLEY RIVER RD

Borrower City

CHARLESTON

Borrower State

SC

Borrower Zip

29414-7109

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

511100.00

Current Approval Amount

511100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

CHARLESTON

Project County Name

CHARLESTON

Project State

SC

Project Zip

29414-7109

CD

SC-06

Jobs Reported

111

NAICS Code

712120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

511100.00

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

Corporation

Originating Lender Location Id

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

515468.85

Forgiveness Date

03/22/2021

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