PPP Loan information for Magnolia solutions llc

$11,500

Magnolia solutions llc was initially approved for PPP Loan of amount $11,500, the current approved amount is $11,500. The loan was approved on 05/18/2020 by The Regions Bank reported 1 jobs and $11,500 was used to fund payroll.

Magnolia solutions llc is Existing or more than 2 years old

PPP Loan Search / MS / Clinton / Magnolia solutions llc

MAGNOLIA SOLUTIONS LLC

Date Approved

05/18/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

MAGNOLIA SOLUTIONS LLC

Borrower Address

102 Mauri Cove

Borrower City

Clinton

Borrower State

MS

Borrower Zip

39056

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

11500.00

Current Approval Amount

11500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Clinton

Project County Name

HINDS

Project State

MS

Project Zip

39056-0500

CD

MS-02

Jobs Reported

1

NAICS Code

315990

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

11500.00

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

Subchapter S Corporation

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

11589.79

Forgiveness Date

03/02/2021

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