PPP Loan information for Magnolia steel erectors llc

$114,400

Magnolia steel erectors llc was initially approved for PPP Loan of amount $114,400, the current approved amount is $114,400. The loan was approved on 04/07/2020 by The Citizens Bank reported 12 jobs and $114,400 was used to fund payroll.

Magnolia steel erectors llc is Existing or more than 2 years old

PPP Loan Search / MS / JAYESS / Magnolia steel erectors llc

MAGNOLIA STEEL ERECTORS LLC

Date Approved

04/07/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

MAGNOLIA STEEL ERECTORS LLC

Borrower Address

505 MANNINGS CROSSING RD

Borrower City

JAYESS

Borrower State

MS

Borrower Zip

39641-8309

Loan Status Date

06/06/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

114400.00

Current Approval Amount

114400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39191

Servicing Lender Name

Citizens Bank

Servicing Lender Address

814 Main St

Servicing Lender City

COLUMBIA

Servicing Lender State

MS

Servicing Lender Zip

39429-2740

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JAYESS

Project County Name

WALTHALL

Project State

MS

Project Zip

39641-8309

CD

MS-03

Jobs Reported

12

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

900.00

Payroll Proceed

107919.00

Mortgage Interest Proceed

0.00

Rent Proceed

3000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2581.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

39191

Originating Lender

Citizens Bank

Originating Lender City

COLUMBIA

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

115337.14

Forgiveness Date

02/11/2021

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