PPP Loan information for Magnolia properties and investments llc

$7,423

Magnolia properties and investments llc was initially approved for PPP Loan of amount $7,423, the current approved amount is $7,423. The loan was approved on 03/23/2021 by The First American National Bank reported 2 jobs and $7,423 was used to fund payroll.

Magnolia properties and investments llc is Existing or more than 2 years old

MAGNOLIA PROPERTIES AND INVESTMENTS LLC

Date Approved

03/23/2021

SBA Office Code

0470

Processing Method

PPP

Borrower Name

MAGNOLIA PROPERTIES AND INVESTMENTS LLC

Borrower Address

21 Pettit Rd

Borrower City

Mantachie

Borrower State

MS

Borrower Zip

38855-7700

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

7422.97

Current Approval Amount

7422.97

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39314

Servicing Lender Name

First American National Bank

Servicing Lender Address

1251 First American Dr

Servicing Lender City

IUKA

Servicing Lender State

MS

Servicing Lender Zip

38852-1034

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mantachie

Project County Name

ITAWAMBA

Project State

MS

Project Zip

38855-7700

CD

MS-01

Jobs Reported

2

NAICS Code

236117

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

7418.97

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

Limited Liability Company(LLC)

Originating Lender Location Id

39314

Originating Lender

First American National Bank

Originating Lender City

IUKA

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

7447.37

Forgiveness Date

07/28/2021

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