PPP Loan information for Magnolia tire & auto service llc

$40,200

Magnolia tire & auto service llc was initially approved for PPP Loan of amount $42,000, the current approved amount is $40,200. The loan was approved on 04/06/2020 by The Anderson Brothers Bank reported 7 jobs and $40,200 was used to fund payroll.

Magnolia tire & auto service llc is Existing or more than 2 years old

MAGNOLIA TIRE & AUTO SERVICE LLC

Date Approved

04/06/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

MAGNOLIA TIRE & AUTO SERVICE LLC

Borrower Address

622 Hwy 701 S

Borrower City

LORIS

Borrower State

SC

Borrower Zip

29569

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42000.00

Current Approval Amount

40200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66230

Servicing Lender Name

Anderson Brothers Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

MULLINS

Servicing Lender State

SC

Servicing Lender Zip

29574-2727

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LORIS

Project County Name

HORRY

Project State

SC

Project Zip

29569-0001

CD

SC-07

Jobs Reported

7

NAICS Code

493190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

30150.00

Mortgage Interest Proceed

10050.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

66230

Originating Lender

Anderson Brothers Bank

Originating Lender City

MULLINS

Originating Lender State

SC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

40686.81

Forgiveness Date

06/24/2021

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