PPP Loan information for Magnolia metal & plastic products inc.

$254,360

Magnolia metal & plastic products inc. was initially approved for PPP Loan of amount $254,360, the current approved amount is $254,360. The loan was approved on 01/27/2021 by The PriorityOne Bank reported 29 jobs and $254,360 was used to fund payroll.

Magnolia metal & plastic products inc. is Existing or more than 2 years old

PPP Loan Search / MS / Vicksburg / Magnolia metal & plastic products inc.

MAGNOLIA METAL & PLASTIC PRODUCTS INC.

Date Approved

01/27/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

MAGNOLIA METAL & PLASTIC PRODUCTS INC.

Borrower Address

101 County Ln

Borrower City

Vicksburg

Borrower State

MS

Borrower Zip

39183-3487

Loan Status Date

05/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

254360.00

Current Approval Amount

254360.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39546

Servicing Lender Name

PriorityOne Bank

Servicing Lender Address

220 Main Ave N

Servicing Lender City

MAGEE

Servicing Lender State

MS

Servicing Lender Zip

39111-3536

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Vicksburg

Project County Name

WARREN

Project State

MS

Project Zip

39183-3487

CD

MS-02

Jobs Reported

29

NAICS Code

332321

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

254357.00

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

39546

Originating Lender

PriorityOne Bank

Originating Lender City

MAGEE

Originating Lender State

MS

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

257502.91

Forgiveness Date

04/26/2022

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