PPP Loan information for Magnolia steel of natchitoches inc

$125,520

Magnolia steel of natchitoches inc was initially approved for PPP Loan of amount $125,520, the current approved amount is $125,520. The loan was approved on 02/04/2021 by The BOM Bank reported 28 jobs and $125,520 was used to fund payroll.

Magnolia steel of natchitoches inc is Existing or more than 2 years old

PPP Loan Search / LA / Natchitoches / Magnolia steel of natchitoches inc

MAGNOLIA STEEL OF NATCHITOCHES INC

Date Approved

02/04/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

MAGNOLIA STEEL OF NATCHITOCHES INC

Borrower Address

148 Highway 117

Borrower City

Natchitoches

Borrower State

LA

Borrower Zip

71457-7006

Loan Status Date

02/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

125520.00

Current Approval Amount

125520.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28699

Servicing Lender Name

BOM Bank

Servicing Lender Address

814 Washington St

Servicing Lender City

NATCHITOCHES

Servicing Lender State

LA

Servicing Lender Zip

71457-4728

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Natchitoches

Project County Name

NATCHITOCHES

Project State

LA

Project Zip

71457-7006

CD

LA-04

Jobs Reported

28

NAICS Code

423510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

125517.00

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

Corporation

Originating Lender Location Id

28699

Originating Lender

BOM Bank

Originating Lender City

NATCHITOCHES

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

126757.77

Forgiveness Date

01/28/2022

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