PPP Loan information for Joseph j magnolia, inc.

$3,061,027

Joseph j magnolia, inc. was initially approved for PPP Loan of amount $3,061,027, the current approved amount is $3,061,027. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 194 jobs and $3,061,027 was used to fund payroll.

Joseph j magnolia, inc. is Existing or more than 2 years old

JOSEPH J MAGNOLIA, INC.

Date Approved

04/15/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

JOSEPH J MAGNOLIA, INC.

Borrower Address

600 Gallatin Street

Borrower City

Washington

Borrower State

DC

Borrower Zip

20017

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3061027.00

Current Approval Amount

3061027.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Washington

Project County Name

DISTRICT OF COLUMBIA

Project State

DC

Project Zip

20017-0001

CD

DC-

Jobs Reported

194

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10000.00

Payroll Proceed

2766027.00

Mortgage Interest Proceed

0.00

Rent Proceed

55000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

230000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3101533.19

Forgiveness Date

08/20/2021

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