PPP Loan information for Magnolia specialized services inc

$352,385

Magnolia specialized services inc was initially approved for PPP Loan of amount $352,385, the current approved amount is $352,385. The loan was approved on 01/28/2021 by The Loan Source Incorporated reported 87 jobs and $352,385 was used to fund payroll.

Magnolia specialized services inc is Existing or more than 2 years old

PPP Loan Search / AR / Magnolia / Magnolia specialized services inc

MAGNOLIA SPECIALIZED SERVICES INC

Date Approved

01/28/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

MAGNOLIA SPECIALIZED SERVICES INC

Borrower Address

1616 N Vine

Borrower City

Magnolia

Borrower State

AR

Borrower Zip

71753-9740

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

352385.00

Current Approval Amount

352385.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Magnolia

Project County Name

COLUMBIA

Project State

AR

Project Zip

71753-9740

CD

AR-04

Jobs Reported

87

NAICS Code

624110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

352381.00

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

Non-Profit Organization

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

356410.88

Forgiveness Date

03/29/2022

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