PPP Loan information for Magnolia river manufacturing corporation

$193,162

Magnolia river manufacturing corporation was initially approved for PPP Loan of amount $193,162, the current approved amount is $193,162. The loan was approved on 02/01/2021 by The First Interstate Bank reported 23 jobs and $193,162 was used to fund payroll.

Magnolia river manufacturing corporation is Existing or more than 2 years old

MAGNOLIA RIVER MANUFACTURING CORPORATION

Date Approved

02/01/2021

SBA Office Code

0811

Processing Method

PPS

Borrower Name

MAGNOLIA RIVER MANUFACTURING CORPORATION

Borrower Address

601 9th St

Borrower City

Greeley

Borrower State

CO

Borrower Zip

80631-3927

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

193162.00

Current Approval Amount

193162.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41844

Servicing Lender Name

First Interstate Bank

Servicing Lender Address

401 N 31st St

Servicing Lender City

BILLINGS

Servicing Lender State

MT

Servicing Lender Zip

59101-1200

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Greeley

Project County Name

WELD

Project State

CO

Project Zip

80631-3927

CD

CO-08

Jobs Reported

23

NAICS Code

238350

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

193160.00

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

41844

Originating Lender

First Interstate Bank

Originating Lender City

BILLINGS

Originating Lender State

MT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

194675.54

Forgiveness Date

11/26/2021

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