PPP Loan information for Magnolia business company inc.

$155,790

Magnolia business company inc. was initially approved for PPP Loan of amount $155,790, the current approved amount is $155,790. The loan was approved on 03/15/2021 by The BOM Bank reported 18 jobs and $155,790 was used to fund payroll.

Magnolia business company inc. is Existing or more than 2 years old

PPP Loan Search / LA / Pineville / Magnolia business company inc.

MAGNOLIA BUSINESS COMPANY INC.

Date Approved

03/15/2021

SBA Office Code

0679

Processing Method

PPP

Borrower Name

MAGNOLIA BUSINESS COMPANY INC.

Borrower Address

300 Mosby Dr

Borrower City

Pineville

Borrower State

LA

Borrower Zip

71360-4287

Loan Status Date

10/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

155790.00

Current Approval Amount

155790.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28699

Servicing Lender Name

BOM Bank

Servicing Lender Address

814 Washington St

Servicing Lender City

NATCHITOCHES

Servicing Lender State

LA

Servicing Lender Zip

71457-4728

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Pineville

Project County Name

RAPIDES

Project State

LA

Project Zip

71360-4287

CD

LA-05

Jobs Reported

18

NAICS Code

446110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

155785.00

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

Subchapter S Corporation

Originating Lender Location Id

28699

Originating Lender

BOM Bank

Originating Lender City

NATCHITOCHES

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

158109.54

Forgiveness Date

09/06/2022

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