PPP Loan information for Sugar magnolias learning academy, inc

$101,422

Sugar magnolias learning academy, inc was initially approved for PPP Loan of amount $101,422, the current approved amount is $101,422. The loan was approved on 04/30/2020 by The Square Capital, LLC reported 32 jobs and $101,422 was used to fund payroll.

Sugar magnolias learning academy, inc is Existing or more than 2 years old

PPP Loan Search / MS / MERIDIAN / Sugar magnolias learning academy, inc

SUGAR MAGNOLIAS LEARNING ACADEMY, INC

Date Approved

04/30/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

SUGAR MAGNOLIAS LEARNING ACADEMY, INC

Borrower Address

2104 24TH AVE.

Borrower City

MERIDIAN

Borrower State

MS

Borrower Zip

39301

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

101422.42

Current Approval Amount

101422.42

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

529050

Servicing Lender Name

Square Capital, LLC

Servicing Lender Address

1455 Market Street, Suite 600

Servicing Lender City

San Francisco

Servicing Lender State

CA

Servicing Lender Zip

94103

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MERIDIAN

Project County Name

LAUDERDALE

Project State

MS

Project Zip

39301-0700

CD

MS-03

Jobs Reported

32

NAICS Code

611710

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

101422.42

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

Corporation

Originating Lender Location Id

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

102447.76

Forgiveness Date

05/06/2021

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