PPP Loan information for Magnolia bakery, llc

$35,000

Magnolia bakery, llc was initially approved for PPP Loan of amount $35,000, the current approved amount is $35,000. The loan was approved on 04/07/2020 by The Farmers Bank & Trust Company reported 5 jobs and $35,000 was used to fund payroll.

Magnolia bakery, llc is New Business or 2 years or less

PPP Loan Search / AR / MAGNOLIA / Magnolia bakery, llc

MAGNOLIA BAKERY, LLC

Date Approved

04/07/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

MAGNOLIA BAKERY, LLC

Borrower Address

103 NJEFFERSON

Borrower City

MAGNOLIA

Borrower State

AR

Borrower Zip

71753-2853

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

35000.00

Current Approval Amount

35000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4520

Servicing Lender Name

Farmers Bank & Trust Company

Servicing Lender Address

200 E Main St

Servicing Lender City

MAGNOLIA

Servicing Lender State

AR

Servicing Lender Zip

71753-3530

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

MAGNOLIA

Project County Name

COLUMBIA

Project State

AR

Project Zip

71753-2853

CD

AR-04

Jobs Reported

5

NAICS Code

722515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

35000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

4520

Originating Lender

Farmers Bank & Trust Company

Originating Lender City

MAGNOLIA

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

35215.75

Forgiveness Date

11/27/2020

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