PPP Loan information for Management by lucas llc dba magnolia by the lakes

$139,330

Management by lucas llc dba magnolia by the lakes was initially approved for PPP Loan of amount $139,330, the current approved amount is $139,330. The loan was approved on 02/05/2021 by The JPMorgan Chase Bank, National Association reported 35 jobs and $139,330 was used to fund payroll.

Management by lucas llc dba magnolia by the lakes is Existing or more than 2 years old

MANAGEMENT BY LUCAS LLC DBA MAGNOLIA BY THE LAKES

Date Approved

02/05/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MANAGEMENT BY LUCAS LLC DBA MAGNOLIA BY THE LAKES

Borrower Address

1701 Cass Lake Rd

Borrower City

Keego Harbor

Borrower State

MI

Borrower Zip

48320-1047

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

139330.00

Current Approval Amount

139330.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Keego Harbor

Project County Name

OAKLAND

Project State

MI

Project Zip

48320-1047

CD

MI-11

Jobs Reported

35

NAICS Code

623312

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

139327.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

140365.45

Forgiveness Date

11/09/2021

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