PPP Loan information for Sugar magnolia bakery, llc

$76,682

Sugar magnolia bakery, llc was initially approved for PPP Loan of amount $76,682, the current approved amount is $76,682. The loan was approved on 06/05/2020 by The Cadence Bank reported 37 jobs and $76,682 was used to fund payroll.

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

PPP Loan Search / MS / FLOWOOD / Sugar magnolia bakery, llc

SUGAR MAGNOLIA BAKERY, LLC

Date Approved

06/05/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

SUGAR MAGNOLIA BAKERY, LLC

Borrower Address

5417 HIGHWAY 25

Borrower City

FLOWOOD

Borrower State

MS

Borrower Zip

39232

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

76682.00

Current Approval Amount

76682.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

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

39232-0001

CD

MS-03

Jobs Reported

37

NAICS Code

722320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

76682.00

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

77338.06

Forgiveness Date

04/15/2021

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