PPP Loan information for Magnolia investment group llc

$59,700

Magnolia investment group llc was initially approved for PPP Loan of amount $59,700, the current approved amount is $59,700. The loan was approved on 05/01/2020 by The Renasant Bank reported 10 jobs and $59,700 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

05/01/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MAGNOLIA INVESTMENT GROUP LLC

Borrower Address

156 E Magnolia Ave

Borrower City

AUBURN

Borrower State

AL

Borrower Zip

36830

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

59700.00

Current Approval Amount

59700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40010

Servicing Lender Name

Renasant Bank

Servicing Lender Address

209 Troy St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4827

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

36830-0001

CD

AL-03

Jobs Reported

10

NAICS Code

722410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

59700.00

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

40010

Originating Lender

Renasant Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

60355.04

Forgiveness Date

06/17/2021

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