PPP Loan information for Magnolia wholesale florist, inc.

$87,210

Magnolia wholesale florist, inc. was initially approved for PPP Loan of amount $87,210, the current approved amount is $87,210. The loan was approved on 04/12/2020 by The Cadence Bank reported 10 jobs and $87,210 was used to fund payroll.

Magnolia wholesale florist, inc. is Existing or more than 2 years old

MAGNOLIA WHOLESALE FLORIST, INC.

Date Approved

04/12/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

MAGNOLIA WHOLESALE FLORIST, INC.

Borrower Address

502 DAYBRITE DR

Borrower City

TUPELO

Borrower State

MS

Borrower Zip

38802

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87210.00

Current Approval Amount

87210.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

TUPELO

Project County Name

LEE

Project State

MS

Project Zip

38802-0001

CD

MS-01

Jobs Reported

10

NAICS Code

453110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

87210.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

88023.96

Forgiveness Date

03/25/2021

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