PPP Loan information for Magnolia plumbing inc.

$2,762,100

Magnolia plumbing inc. was initially approved for PPP Loan of amount $2,762,100, the current approved amount is $2,762,100. The loan was approved on 04/09/2020 by The Truist Bank reported 184 jobs and $2,762,100 was used to fund payroll.

Magnolia plumbing inc. is Existing or more than 2 years old

PPP Loan Search / DC / WASHINGTON / Magnolia plumbing inc.

MAGNOLIA PLUMBING INC.

Date Approved

04/09/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

MAGNOLIA PLUMBING INC.

Borrower Address

600 GALLATIN ST., N.E.

Borrower City

WASHINGTON

Borrower State

DC

Borrower Zip

20017-2359

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2762100.00

Current Approval Amount

2762100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WASHINGTON

Project County Name

DISTRICT OF COLUMBIA

Project State

DC

Project Zip

20017-2359

CD

DC-

Jobs Reported

184

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2762100.00

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

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2798697.83

Forgiveness Date

08/12/2021

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