PPP Loan information for Magnolia printing company inc

$51,313

Magnolia printing company inc was initially approved for PPP Loan of amount $51,313, the current approved amount is $51,313. The loan was approved on 02/05/2021 by The The First Bank reported 5 jobs and $51,313 was used to fund payroll.

Magnolia printing company inc is Existing or more than 2 years old

MAGNOLIA PRINTING COMPANY INC

Date Approved

02/05/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

MAGNOLIA PRINTING COMPANY INC

Borrower Address

1829 25th Ave

Borrower City

Gulfport

Borrower State

MS

Borrower Zip

39501-2832

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

51312.50

Current Approval Amount

51312.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120708

Servicing Lender Name

The First Bank

Servicing Lender Address

6480 Hwy 98, West

Servicing Lender City

HATTIESBURG

Servicing Lender State

MS

Servicing Lender Zip

39402

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Gulfport

Project County Name

HARRISON

Project State

MS

Project Zip

39501-2832

CD

MS-04

Jobs Reported

5

NAICS Code

323111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

51309.50

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

120708

Originating Lender

The First Bank

Originating Lender City

HATTIESBURG

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

51621.80

Forgiveness Date

10/04/2021

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