PPP Loan information for Magnolia printing company, inc.

$53,970

Magnolia printing company, inc. was initially approved for PPP Loan of amount $53,970, the current approved amount is $53,970. The loan was approved on 04/07/2020 by The The First Bank reported 5 jobs and $53,970 was used to fund payroll.

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

MAGNOLIA PRINTING COMPANY, INC.

Date Approved

04/07/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

MAGNOLIA PRINTING COMPANY, INC.

Borrower Address

1829 25TH AVE

Borrower City

GULFPORT

Borrower State

MS

Borrower Zip

39501-2832

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53970.20

Current Approval Amount

53970.20

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

0.00

Payroll Proceed

40477.20

Mortgage Interest Proceed

0.00

Rent Proceed

13493.00

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

54257.88

Forgiveness Date

02/24/2021

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