PPP Loan information for Magnolia south llc

$7,500

Magnolia south llc was initially approved for PPP Loan of amount $7,500, the current approved amount is $7,500. The loan was approved on 03/01/2021 by The Simmons Bank reported 1 jobs and $7,500 was used to fund payroll.

Magnolia south llc is Existing or more than 2 years old

MAGNOLIA SOUTH LLC

Date Approved

03/01/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

MAGNOLIA SOUTH LLC

Borrower Address

1145 Maple Springs Rd

Borrower City

Russellville

Borrower State

AR

Borrower Zip

72802-7829

Loan Status Date

03/03/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

7500.00

Current Approval Amount

7500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4679

Servicing Lender Name

Simmons Bank

Servicing Lender Address

501 Main St

Servicing Lender City

PINE BLUFF

Servicing Lender State

AR

Servicing Lender Zip

71601-4327

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Russellville

Project County Name

POPE

Project State

AR

Project Zip

72802-7829

CD

AR-04

Jobs Reported

1

NAICS Code

531210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

7494.00

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

4679

Originating Lender

Simmons Bank

Originating Lender City

PINE BLUFF

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

7553.96

Forgiveness Date

11/26/2021

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