PPP Loan information for Magnolia distributing inc

$5,569

Magnolia distributing inc was initially approved for PPP Loan of amount $5,569, the current approved amount is $5,569. The loan was approved on 05/08/2020 by The Wells Fargo Bank, National Association reported 10 jobs and $5,569 was used to fund payroll.

Magnolia distributing inc is Existing or more than 2 years old

PPP Loan Search / GA / PEACHTREE CORNERS / Magnolia distributing inc

MAGNOLIA DISTRIBUTING INC

Date Approved

05/08/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

MAGNOLIA DISTRIBUTING INC

Borrower Address

3790 HOLCOMB BRIDGE ROAD SUITE 101

Borrower City

PEACHTREE CORNERS

Borrower State

GA

Borrower Zip

30092

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5569.00

Current Approval Amount

5569.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PEACHTREE CORNERS

Project County Name

GWINNETT

Project State

GA

Project Zip

30092-0001

CD

GA-07

Jobs Reported

10

NAICS Code

443141

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

5569.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

5619.04

Forgiveness Date

04/02/2021

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