PPP Loan information for Magnolia self storage

$23,700

Magnolia self storage was initially approved for PPP Loan of amount $23,700, the current approved amount is $23,700. The loan was approved on 04/14/2020 by The RiverHills Bank reported 3 jobs and $23,700 was used to fund payroll.

Magnolia self storage is Existing or more than 2 years old

MAGNOLIA SELF STORAGE

Date Approved

04/14/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

MAGNOLIA SELF STORAGE

Borrower Address

3711 HIGHWAY 61

Borrower City

VICKSBURG

Borrower State

MS

Borrower Zip

39180-7607

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

23700.00

Current Approval Amount

23700.00

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

MS

Servicing Lender Zip

39183-3413

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VICKSBURG

Project County Name

WARREN

Project State

MS

Project Zip

39180-7607

CD

MS-02

Jobs Reported

3

NAICS Code

531130

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1000.00

Payroll Proceed

22700.00

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

Unanswered

Non Profit

Forgiveness Amount

23850.76

Forgiveness Date

12/02/2020

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