PPP Loan information for Steel magnolia foods limited liability company

Date Approved

04/07/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

STEEL MAGNOLIA FOODS LIMITED LIABILITY COMPANY

Borrower Address

132 NORTH PATTERSON ST

Borrower City

VALDOSTA

Borrower State

GA

Borrower Zip

31601-5516

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

94392.00

Current Approval Amount

94392.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120708

Servicing Lender Name

The First Bank

Servicing Lender Address

6480 Hwy 98, West

Servicing Lender City

HATTIESBURG

Servicing Lender State

MS

Servicing Lender Zip

39402

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

VALDOSTA

Project County Name

LOWNDES

Project State

GA

Project Zip

31601-5516

CD

GA-08

Jobs Reported

33

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

24770.00

Payroll Proceed

55314.00

Mortgage Interest Proceed

908.00

Rent Proceed

13400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

120708

Originating Lender

The First Bank

Originating Lender City

HATTIESBURG

Originating Lender State

MS

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

95178.60

Forgiveness Date

02/11/2021