PPP Loan information for Magoffin foods, inc

$56,690

Magoffin foods, inc was initially approved for PPP Loan of amount $56,690, the current approved amount is $56,690. The loan was approved on 04/07/2020 by The The Salyersville National Bank reported 37 jobs and $56,690 was used to fund payroll.

Magoffin foods, inc is Existing or more than 2 years old

PPP Loan Search / KY / SALYERSVILLE / Magoffin foods, inc

MAGOFFIN FOODS, INC

Date Approved

04/07/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

MAGOFFIN FOODS, INC

Borrower Address

201 E Maple St

Borrower City

SALYERSVILLE

Borrower State

KY

Borrower Zip

41465-7110

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56690.00

Current Approval Amount

56690.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27888

Servicing Lender Name

The Salyersville National Bank

Servicing Lender Address

43 E Maple St

Servicing Lender City

SALYERSVILLE

Servicing Lender State

KY

Servicing Lender Zip

41465

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SALYERSVILLE

Project County Name

MAGOFFIN

Project State

KY

Project Zip

41465-7110

CD

KY-05

Jobs Reported

37

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

56690.00

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

27888

Originating Lender

The Salyersville National Bank

Originating Lender City

SALYERSVILLE

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

57009.95

Forgiveness Date

11/02/2020

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