PPP Loan information for Sugar magnolia bakery llc

$107,355

Sugar magnolia bakery llc was initially approved for PPP Loan of amount $107,355, the current approved amount is $107,355. The loan was approved on 02/04/2021 by The Loan Source Incorporated reported 37 jobs and $107,355 was used to fund payroll.

Sugar magnolia bakery llc is Existing or more than 2 years old

SUGAR MAGNOLIA BAKERY LLC

Date Approved

02/04/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

SUGAR MAGNOLIA BAKERY LLC

Borrower Address

5417 Highway 25 Ste F

Borrower City

Flowood

Borrower State

MS

Borrower Zip

39232-6202

Loan Status Date

03/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

107355.00

Current Approval Amount

107355.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Flowood

Project County Name

RANKIN

Project State

MS

Project Zip

39232-6202

CD

MS-03

Jobs Reported

37

NAICS Code

722320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

107349.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

108405.02

Forgiveness Date

02/03/2022

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