PPP Loan information for Magnolia racing llc

$5,500

Magnolia racing llc was initially approved for PPP Loan of amount $5,500, the current approved amount is $5,500. The loan was approved on 05/13/2021 by The RiverHills Bank reported 2 jobs and $5,500 was used to fund payroll.

Magnolia racing llc is Existing or more than 2 years old

PPP Loan Search / MS / Ridgeland / Magnolia racing llc

MAGNOLIA RACING LLC

Date Approved

05/13/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

MAGNOLIA RACING LLC

Borrower Address

500 Highway 51 Ste Z

Borrower City

Ridgeland

Borrower State

MS

Borrower Zip

39157-2886

Loan Status Date

06/22/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

5500.00

Current Approval Amount

5500.00

Undisbursed Amount

0.00

Franchise Name

Fleet Feet Sports

Servicing Lender Location Id

39691

Servicing Lender Name

RiverHills Bank

Servicing Lender Address

1400 Hwy 61 N

Servicing Lender City

VICKSBURG

Servicing Lender State

MS

Servicing Lender Zip

39183-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ridgeland

Project County Name

MADISON

Project State

MS

Project Zip

39157-2886

CD

MS-03

Jobs Reported

2

NAICS Code

711320

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

5500.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

39691

Originating Lender

RiverHills Bank

Originating Lender City

VICKSBURG

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

5555.46

Forgiveness Date

06/01/2022

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