PPP Loan information for Magic valley staffing solutions inc.
$1,950,000
Magic valley staffing solutions inc. was initially approved for PPP Loan of amount $1,950,000, the current approved amount is $1,950,000. The loan was approved on 02/20/2021 by The Regions Bank reported 332 jobs and $1,950,000 was used to fund payroll.
Magic valley staffing solutions inc. is Existing or more than 2 years old
MAGIC VALLEY STAFFING SOLUTIONS INC.
Date Approved
02/20/2021
SBA Office Code
0474
Processing Method
PPP
Borrower Name
MAGIC VALLEY STAFFING SOLUTIONS INC.
Borrower Address
280 Parkstone Pl
Borrower City
Jackson
Borrower State
TN
Borrower Zip
38305-7585
Loan Status Date
08/05/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
1950000.00
Current Approval Amount
1950000.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
2408
Servicing Lender Name
Regions Bank
Servicing Lender Address
1900 Fifth Avenue North
Servicing Lender City
BIRMINGHAM
Servicing Lender State
AL
Servicing Lender Zip
35203
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Jackson
Project County Name
MADISON
Project State
TN
Project Zip
38305-7585
CD
TN-08
Jobs Reported
332
NAICS Code
561320
Race
American Indian or Alaska Native
Ethnicity
Not Hispanic or Latino
Utilities Proceed
0.00
Payroll Proceed
1950000.00
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
2408
Originating Lender
Regions Bank
Originating Lender City
BIRMINGHAM
Originating Lender State
AL
Gender
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
1956891.78
Forgiveness Date
07/02/2021