PPP Loan information for Magnolia northlake, llc

$127,320

Magnolia northlake, llc was initially approved for PPP Loan of amount $146,160, the current approved amount is $127,320. The loan was approved on 01/16/2021 by The First Peoples Bank reported 23 jobs and $127,320 was used to fund payroll.

Magnolia northlake, llc is Existing or more than 2 years old

MAGNOLIA NORTHLAKE, LLC

Date Approved

01/16/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

MAGNOLIA NORTHLAKE, LLC

Borrower Address

7336 Bear Ln

Borrower City

Columbus

Borrower State

GA

Borrower Zip

31909-2516

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

146160.00

Current Approval Amount

127320.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn Express (License Agreement)

Servicing Lender Location Id

112834

Servicing Lender Name

First Peoples Bank

Servicing Lender Address

105 Chipley St

Servicing Lender City

PINE MOUNTAIN

Servicing Lender State

GA

Servicing Lender Zip

31822-1901

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Columbus

Project County Name

MUSCOGEE

Project State

GA

Project Zip

31909-2516

CD

GA-03

Jobs Reported

23

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

127320.00

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

112834

Originating Lender

First Peoples Bank

Originating Lender City

PINE MOUNTAIN

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

127836.26

Forgiveness Date

06/30/2021

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