Date Approved
07/10/2020
SBA Office Code
0470
Processing Method
PPP
Borrower Name
MAGNOLIA RACING, LLC
Borrower Address
500 HIGHWAY 51 Suite Z
Borrower City
RIDGELAND
Borrower State
MS
Borrower Zip
39157-2886
Loan Status Date
04/20/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
4125.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
39691
Servicing Lender Name
RiverHills Bank
Servicing Lender Address
1400 Hwy 61 N
Servicing Lender City
VICKSBURG
Servicing Lender State
Servicing Lender Zip
39183-3413
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MADISON
Project State
Project Zip
CD
MS-03
Jobs Reported
2
NAICS Code
711320
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
4155.02
Forgiveness Date
03/30/2021