PPP Loan information for Magic city kennels inc

$107,000

Magic city kennels inc was initially approved for PPP Loan of amount $107,000, the current approved amount is $107,000. The loan was approved on 01/20/2021 by The Evolve Bank and Trust reported 8 jobs and $107,000 was used to fund payroll.

Magic city kennels inc is Existing or more than 2 years old

MAGIC CITY KENNELS INC

Date Approved

01/20/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

MAGIC CITY KENNELS INC

Borrower Address

54 Lassiter Dr

Borrower City

Proctor

Borrower State

AR

Borrower Zip

72376-9616

Loan Status Date

08/12/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

107000.00

Current Approval Amount

107000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4653

Servicing Lender Name

Evolve Bank and Trust

Servicing Lender Address

301 Shoppingway Blvd

Servicing Lender City

WEST MEMPHIS

Servicing Lender State

AR

Servicing Lender Zip

72301-1719

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Proctor

Project County Name

CRITTENDEN

Project State

AR

Project Zip

72376-9616

CD

AR-01

Jobs Reported

8

NAICS Code

812910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

106996.00

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

Corporation

Originating Lender Location Id

4653

Originating Lender

Evolve Bank and Trust

Originating Lender City

WEST MEMPHIS

Originating Lender State

AR

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

107513.01

Forgiveness Date

07/19/2021

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