PPP Loan information for Magnolia wealth strategies, llc

$193,500

Magnolia wealth strategies, llc was initially approved for PPP Loan of amount $193,500, the current approved amount is $193,500. The loan was approved on 04/15/2020 by The Hancock Whitney Bank reported 12 jobs and $193,500 was used to fund payroll.

Magnolia wealth strategies, llc is Existing or more than 2 years old

PPP Loan Search / LA / METAIRIE / Magnolia wealth strategies, llc

MAGNOLIA WEALTH STRATEGIES, LLC

Date Approved

04/15/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

MAGNOLIA WEALTH STRATEGIES, LLC

Borrower Address

3838 N. CAUSEWAY BLVD. SUITE 402

Borrower City

METAIRIE

Borrower State

LA

Borrower Zip

70002-8194

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

193500.00

Current Approval Amount

193500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39232

Servicing Lender Name

Hancock Whitney Bank

Servicing Lender Address

2510 14th St One Hancock Plz

Servicing Lender City

GULFPORT

Servicing Lender State

MS

Servicing Lender Zip

39501

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

METAIRIE

Project County Name

JEFFERSON

Project State

LA

Project Zip

70002-8194

CD

LA-01

Jobs Reported

12

NAICS Code

425120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

193500.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

39232

Originating Lender

Hancock Whitney Bank

Originating Lender City

GULFPORT

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

196031.62

Forgiveness Date

08/05/2021

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