PPP Loan information for Magnolia sales innovations, inc

$16,400

Magnolia sales innovations, inc was initially approved for PPP Loan of amount $16,400, the current approved amount is $16,400. The loan was approved on 04/07/2020 by The First American Bank & Trust Company reported 1 jobs and $16,400 was used to fund payroll.

Magnolia sales innovations, inc is Existing or more than 2 years old

PPP Loan Search / GA / ATHENS / Magnolia sales innovations, inc

MAGNOLIA SALES INNOVATIONS, INC

Date Approved

04/07/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

MAGNOLIA SALES INNOVATIONS, INC

Borrower Address

1180 SETTLERS RIDGE RD

Borrower City

ATHENS

Borrower State

GA

Borrower Zip

30606-7665

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

16400.00

Current Approval Amount

16400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

17831

Servicing Lender Name

First American Bank & Trust Company

Servicing Lender Address

300 College Ave

Servicing Lender City

ATHENS

Servicing Lender State

GA

Servicing Lender Zip

30601-2716

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ATHENS

Project County Name

OCONEE

Project State

GA

Project Zip

30606-7665

CD

GA-10

Jobs Reported

1

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

16400.00

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

17831

Originating Lender

First American Bank & Trust Company

Originating Lender City

ATHENS

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

16533.45

Forgiveness Date

02/09/2021

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