PPP Loan information for The magnolia paint company

$10,600

The magnolia paint company was initially approved for PPP Loan of amount $10,600, the current approved amount is $10,600. The loan was approved on 05/01/2020 by The Peoples Bank reported 3 jobs and $10,600 was used to fund payroll.

The magnolia paint company is Existing or more than 2 years old

THE MAGNOLIA PAINT COMPANY

Date Approved

05/01/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

THE MAGNOLIA PAINT COMPANY

Borrower Address

602 CYPRESS ST

Borrower City

RAVENSWOOD

Borrower State

WV

Borrower Zip

26164-1404

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

10600.00

Current Approval Amount

10600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57732

Servicing Lender Name

Peoples Bank

Servicing Lender Address

138 Putnam St

Servicing Lender City

MARIETTA

Servicing Lender State

OH

Servicing Lender Zip

45750-2923

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RAVENSWOOD

Project County Name

JACKSON

Project State

WV

Project Zip

26164-1404

CD

WV-01

Jobs Reported

3

NAICS Code

238320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

10600.00

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

Sole Proprietorship

Originating Lender Location Id

57732

Originating Lender

Peoples Bank

Originating Lender City

MARIETTA

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

10672.73

Forgiveness Date

01/11/2021

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