PPP Loan information for Magnolias of west point llc

$79,548

Magnolias of west point llc was initially approved for PPP Loan of amount $79,548, the current approved amount is $79,548. The loan was approved on 03/15/2021 by The Loan Source Incorporated reported 17 jobs and $79,548 was used to fund payroll.

Magnolias of west point llc is Existing or more than 2 years old

PPP Loan Search / MS / West Point / Magnolias of west point llc

MAGNOLIAS OF WEST POINT LLC

Date Approved

03/15/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

MAGNOLIAS OF WEST POINT LLC

Borrower Address

621 Commerce St

Borrower City

West Point

Borrower State

MS

Borrower Zip

39773-7999

Loan Status Date

07/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

79548.00

Current Approval Amount

79548.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

West Point

Project County Name

CLAY

Project State

MS

Project Zip

39773-7999

CD

MS-01

Jobs Reported

17

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

79548.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

80509.11

Forgiveness Date

06/03/2022

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