PPP Loan information for Magnolia investment group llc

$83,500

Magnolia investment group llc was initially approved for PPP Loan of amount $83,500, the current approved amount is $83,500. The loan was approved on 02/26/2021 by The AuburnBank reported 9 jobs and $83,500 was used to fund payroll.

Magnolia investment group llc is Existing or more than 2 years old

PPP Loan Search / AL / Auburn / Magnolia investment group llc

MAGNOLIA INVESTMENT GROUP LLC

Date Approved

02/26/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

MAGNOLIA INVESTMENT GROUP LLC

Borrower Address

156 E Magnolia Ave

Borrower City

Auburn

Borrower State

AL

Borrower Zip

36830-4781

Loan Status Date

06/02/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

83500.00

Current Approval Amount

83500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44

Servicing Lender Name

AuburnBank

Servicing Lender Address

100 N Gay St

Servicing Lender City

Auburn

Servicing Lender State

AL

Servicing Lender Zip

36830

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Auburn

Project County Name

LEE

Project State

AL

Project Zip

36830-4781

CD

AL-03

Jobs Reported

9

NAICS Code

722410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

83496.00

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

44

Originating Lender

AuburnBank

Originating Lender City

Auburn

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

84548.39

Forgiveness Date

06/01/2022

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