PPP Loan information for Magnolia adjusting group inc

$50,700

Magnolia adjusting group inc was initially approved for PPP Loan of amount $50,700, the current approved amount is $50,700. The loan was approved on 05/01/2020 by The Regions Bank reported 6 jobs and $50,700 was used to fund payroll.

Magnolia adjusting group inc is Existing or more than 2 years old

PPP Loan Search / MS / Brandon / Magnolia adjusting group inc

MAGNOLIA ADJUSTING GROUP INC

Date Approved

05/01/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

MAGNOLIA ADJUSTING GROUP INC

Borrower Address

1041 Lake Village Circle

Borrower City

Brandon

Borrower State

MS

Borrower Zip

39047

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50700.00

Current Approval Amount

50700.00

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

Brandon

Project County Name

RANKIN

Project State

MS

Project Zip

39047-0001

CD

MS-03

Jobs Reported

6

NAICS Code

524291

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

50700.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

51043.09

Forgiveness Date

01/11/2021

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