Date Approved
04/11/2021
SBA Office Code
0679
Processing Method
PPP
Borrower Name
MAGNATE CONSTRUCTION LLC
Borrower Address
2904 Green Briar Ln
Borrower City
Abbeville
Borrower State
LA
Borrower Zip
70510-5652
Loan Status Date
01/08/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
18167.90
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
79123
Servicing Lender Name
Fidelity Bank
Servicing Lender Address
2550 Florida Street
Servicing Lender City
Mandeville
Servicing Lender State
Servicing Lender Zip
70448
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
VERMILION
Project State
Project Zip
CD
LA-03
Jobs Reported
1
NAICS Code
236118
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
18164.90
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Single Member LLC
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
18270.85
Forgiveness Date
11/15/2021