PPP Loan information for Magnolia super foods inc

$148,700

Magnolia super foods inc was initially approved for PPP Loan of amount $148,700, the current approved amount is $148,700. The loan was approved on 08/04/2020 by The BankPlus reported 44 jobs and $148,700 was used to fund payroll.

Magnolia super foods inc is Existing or more than 2 years old

PPP Loan Search / AL / BREWTON / Magnolia super foods inc

MAGNOLIA SUPER FOODS INC

Date Approved

08/04/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MAGNOLIA SUPER FOODS INC

Borrower Address

201 FORREST AVE East

Borrower City

BREWTON

Borrower State

AL

Borrower Zip

36426-2618

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

148700.00

Current Approval Amount

148700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39099

Servicing Lender Name

BankPlus

Servicing Lender Address

202 E Jackson St

Servicing Lender City

BELZONI

Servicing Lender State

MS

Servicing Lender Zip

39038-3524

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BREWTON

Project County Name

ESCAMBIA

Project State

AL

Project Zip

36426-2618

CD

AL-01

Jobs Reported

44

NAICS Code

445110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

148700.00

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

Subchapter S Corporation

Originating Lender Location Id

39099

Originating Lender

BankPlus

Originating Lender City

BELZONI

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

149476.54

Forgiveness Date

02/10/2021

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