PPP Loan information for Majestic food shops inc

$297,700

Majestic food shops inc was initially approved for PPP Loan of amount $297,700, the current approved amount is $297,700. The loan was approved on 01/23/2021 by The United Community Bank reported 15 jobs and $297,700 was used to fund payroll.

Majestic food shops inc is Existing or more than 2 years old

PPP Loan Search / GA / Tucker / Majestic food shops inc

MAJESTIC FOOD SHOPS INC

Date Approved

01/23/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

MAJESTIC FOOD SHOPS INC

Borrower Address

4388 Lawrenceville Hwy

Borrower City

Tucker

Borrower State

GA

Borrower Zip

30084-3714

Loan Status Date

01/22/2022

Loan Status

Paid in Full

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

297700.00

Current Approval Amount

297700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Tucker

Project County Name

DEKALB

Project State

GA

Project Zip

30084-3714

CD

GA-04

Jobs Reported

15

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

297695.00

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

Corporation

Originating Lender Location Id

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

300212.10

Forgiveness Date

12/09/2021

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