PPP Loan information for Sweet magnolia's bakery and cafe llc

$31,200

Sweet magnolia's bakery and cafe llc was initially approved for PPP Loan of amount $31,200, the current approved amount is $31,200. The loan was approved on 06/05/2020 by The Community Bank of Mississippi reported 17 jobs and $31,200 was used to fund payroll.

Sweet magnolia's bakery and cafe llc is Existing or more than 2 years old

PPP Loan Search / MS / LAUREL / Sweet magnolia's bakery and cafe llc

SWEET MAGNOLIA'S BAKERY AND CAFE LLC

Date Approved

06/05/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

SWEET MAGNOLIA'S BAKERY AND CAFE LLC

Borrower Address

1600 HIGHWAY 15 N STE 300

Borrower City

LAUREL

Borrower State

MS

Borrower Zip

39440-1803

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

31200.00

Current Approval Amount

31200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39217

Servicing Lender Name

Community Bank of Mississippi

Servicing Lender Address

323 E Third St

Servicing Lender City

Forest

Servicing Lender State

MS

Servicing Lender Zip

39074-0059

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAUREL

Project County Name

JONES

Project State

MS

Project Zip

39440-1803

CD

MS-04

Jobs Reported

17

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4600.00

Payroll Proceed

26600.00

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

39217

Originating Lender

Community Bank of Mississippi

Originating Lender City

Forest

Originating Lender State

MS

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

31554.74

Forgiveness Date

07/30/2021

;