PPP Loan information for Magnolias tacos & tequila bar

$88,244

Magnolias tacos & tequila bar was initially approved for PPP Loan of amount $88,244, the current approved amount is $88,244. The loan was approved on 05/01/2020 by The Customers Bank reported 29 jobs and $88,244 was used to fund payroll.

Magnolias tacos & tequila bar is Existing or more than 2 years old

MAGNOLIAS TACOS & TEQUILA BAR

Date Approved

05/01/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MAGNOLIAS TACOS & TEQUILA BAR

Borrower Address

14 E Water St

Borrower City

Harrisonburg

Borrower State

VA

Borrower Zip

22801

Loan Status Date

03/25/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

88244.00

Current Approval Amount

88244.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Harrisonburg

Project County Name

HARRISONBURG CITY

Project State

VA

Project Zip

22801-0001

CD

VA-06

Jobs Reported

29

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

88244.00

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

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

89793.71

Forgiveness Date

02/08/2022

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