PPP Loan information for Magnolia speech school

$243,414

Magnolia speech school was initially approved for PPP Loan of amount $243,414, the current approved amount is $243,414. The loan was approved on 02/12/2021 by The Community Bank of Mississippi reported 34 jobs and $243,414 was used to fund payroll.

Magnolia speech school is Existing or more than 2 years old

MAGNOLIA SPEECH SCHOOL

Date Approved

02/12/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

MAGNOLIA SPEECH SCHOOL

Borrower Address

733 N Flag Chapel Rd

Borrower City

Jackson

Borrower State

MS

Borrower Zip

39209-2206

Loan Status Date

05/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

243413.70

Current Approval Amount

243413.70

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39217

Servicing Lender Name

Community Bank of Mississippi

Servicing Lender Address

323 E Third St

Servicing Lender City

Forest

Servicing Lender State

MS

Servicing Lender Zip

39074-0059

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Jackson

Project County Name

HINDS

Project State

MS

Project Zip

39209-2206

CD

MS-02

Jobs Reported

34

NAICS Code

611699

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

243413.70

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

Corporation

Originating Lender Location Id

39217

Originating Lender

Community Bank of Mississippi

Originating Lender City

Forest

Originating Lender State

MS

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

246261.31

Forgiveness Date

04/26/2022

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