PPP Loan information for Steel magnolias foods llc

$127,012

Steel magnolias foods llc was initially approved for PPP Loan of amount $127,012, the current approved amount is $127,012. The loan was approved on 01/26/2021 by The The First Bank reported 37 jobs and $127,012 was used to fund payroll.

Steel magnolias foods llc is Existing or more than 2 years old

STEEL MAGNOLIAS FOODS LLC

Date Approved

01/26/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

STEEL MAGNOLIAS FOODS LLC

Borrower Address

132 N Patterson St

Borrower City

Valdosta

Borrower State

GA

Borrower Zip

31601-5516

Loan Status Date

10/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

127011.50

Current Approval Amount

127011.50

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

37

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

127009.50

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

120708

Originating Lender

The First Bank

Originating Lender City

HATTIESBURG

Originating Lender State

MS

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

127755.93

Forgiveness Date

09/09/2021

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