PPP Loan information for Magnolia ridge child development center

$56,100

Magnolia ridge child development center was initially approved for PPP Loan of amount $56,100, the current approved amount is $56,100. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 17 jobs and $56,100 was used to fund payroll.

Magnolia ridge child development center is Existing or more than 2 years old

MAGNOLIA RIDGE CHILD DEVELOPMENT CENTER

Date Approved

04/15/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MAGNOLIA RIDGE CHILD DEVELOPMENT CENTER

Borrower Address

1300 Virginia Center Parkway

Borrower City

Glen Allen

Borrower State

VA

Borrower Zip

23059

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56100.00

Current Approval Amount

56100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Glen Allen

Project County Name

HENRICO

Project State

VA

Project Zip

23059-1000

CD

VA-01

Jobs Reported

17

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3182.00

Payroll Proceed

37918.00

Mortgage Interest Proceed

0.00

Rent Proceed

15000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

56756.29

Forgiveness Date

06/24/2021

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