PPP Loan information for Magnolias international, inc.

$43,725

Magnolias international, inc. was initially approved for PPP Loan of amount $43,725, the current approved amount is $43,725. The loan was approved on 02/01/2021 by The IncredibleBank reported 2 jobs and $43,725 was used to fund payroll.

Magnolias international, inc. is Existing or more than 2 years old

PPP Loan Search / MI / Washington / Magnolias international, inc.

MAGNOLIAS INTERNATIONAL, INC.

Date Approved

02/01/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MAGNOLIAS INTERNATIONAL, INC.

Borrower Address

8627 Prestwick Ln

Borrower City

Washington

Borrower State

MI

Borrower Zip

48095-2827

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

43724.57

Current Approval Amount

43724.57

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76755

Servicing Lender Name

IncredibleBank

Servicing Lender Address

327 N 17th Ave

Servicing Lender City

WAUSAU

Servicing Lender State

WI

Servicing Lender Zip

54401-4225

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Washington

Project County Name

MACOMB

Project State

MI

Project Zip

48095-2827

CD

MI-09

Jobs Reported

2

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

43722.57

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

76755

Originating Lender

IncredibleBank

Originating Lender City

WAUSAU

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

44069.57

Forgiveness Date

11/19/2021

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