PPP Loan information for Magnolia team inc.

$14,582

Magnolia team inc. was initially approved for PPP Loan of amount $14,582, the current approved amount is $14,582. The loan was approved on 02/20/2021 by The Merchants Bank, National Association reported 1 jobs and $14,582 was used to fund payroll.

Magnolia team inc. is Existing or more than 2 years old

PPP Loan Search / WI / Fall Creek / Magnolia team inc.

MAGNOLIA TEAM INC.

Date Approved

02/20/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

MAGNOLIA TEAM INC.

Borrower Address

E11005 Railroad Dr

Borrower City

Fall Creek

Borrower State

WI

Borrower Zip

54742-4406

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

14582.00

Current Approval Amount

14582.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fall Creek

Project County Name

EAU CLAIRE

Project State

WI

Project Zip

54742-4406

CD

WI-03

Jobs Reported

1

NAICS Code

531210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

14580.00

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

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

14645.19

Forgiveness Date

07/30/2021

;