PPP Loan information for Majestic solutions inc

$108,500

Majestic solutions inc was initially approved for PPP Loan of amount $108,500, the current approved amount is $108,500. The loan was approved on 04/15/2020 by The Renasant Bank reported 12 jobs and $108,500 was used to fund payroll.

Majestic solutions inc is Existing or more than 2 years old

PPP Loan Search / AL / MADISON / Majestic solutions inc

MAJESTIC SOLUTIONS INC

Date Approved

04/15/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MAJESTIC SOLUTIONS INC

Borrower Address

241 Production Ave

Borrower City

MADISON

Borrower State

AL

Borrower Zip

35758

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

23

SBA Guaranty Percentage

100

Initial Approval Amount

108500.00

Current Approval Amount

108500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40010

Servicing Lender Name

Renasant Bank

Servicing Lender Address

209 Troy St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4827

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MADISON

Project County Name

MADISON

Project State

AL

Project Zip

35758-0001

CD

AL-05

Jobs Reported

12

NAICS Code

541330

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

108500.00

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

40010

Originating Lender

Renasant Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

109569.93

Forgiveness Date

04/27/2021

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