PPP Loan information for Sugar magnolia's

$46,790

Sugar magnolia's was initially approved for PPP Loan of amount $46,790, the current approved amount is $46,790. The loan was approved on 06/22/2020 by The Cape Ann Savings Bank reported 6 jobs and $46,790 was used to fund payroll.

Sugar magnolia's is Existing or more than 2 years old

PPP Loan Search / MA / GLOUCESTER / Sugar magnolia's

SUGAR MAGNOLIA'S

Date Approved

06/22/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SUGAR MAGNOLIA'S

Borrower Address

112 Main Street

Borrower City

GLOUCESTER

Borrower State

MA

Borrower Zip

01930-5731

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

46790.00

Current Approval Amount

46790.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32738

Servicing Lender Name

Cape Ann Savings Bank

Servicing Lender Address

109 Main St

Servicing Lender City

GLOUCESTER

Servicing Lender State

MA

Servicing Lender Zip

01930-5701

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GLOUCESTER

Project County Name

ESSEX

Project State

MA

Project Zip

01930-5731

CD

MA-06

Jobs Reported

6

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

46790.00

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

Sole Proprietorship

Originating Lender Location Id

32738

Originating Lender

Cape Ann Savings Bank

Originating Lender City

GLOUCESTER

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

47078.54

Forgiveness Date

02/02/2021

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