PPP Loan information for Magnolia specialized services, inc.

$352,385

Magnolia specialized services, inc. was initially approved for PPP Loan of amount $352,385, the current approved amount is $352,385. The loan was approved on 04/14/2020 by The Cadence Bank reported 83 jobs and $352,385 was used to fund payroll.

Magnolia specialized services, inc. is Existing or more than 2 years old

PPP Loan Search / AR / MAGNOLIA / Magnolia specialized services, inc.

MAGNOLIA SPECIALIZED SERVICES, INC.

Date Approved

04/14/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

MAGNOLIA SPECIALIZED SERVICES, INC.

Borrower Address

1616 N VINE

Borrower City

MAGNOLIA

Borrower State

AR

Borrower Zip

71754

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

352385.00

Current Approval Amount

352385.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MAGNOLIA

Project County Name

COLUMBIA

Project State

AR

Project Zip

71754-0001

CD

AR-04

Jobs Reported

83

NAICS Code

624110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

352385.00

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

Non-Profit Organization

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

355409.64

Forgiveness Date

03/05/2021

;