PPP Loan information for Magelland group llc

$65,897

Magelland group llc was initially approved for PPP Loan of amount $65,897, the current approved amount is $65,897. The loan was approved on 02/02/2021 by The First Horizon Bank reported 5 jobs and $65,897 was used to fund payroll.

Magelland group llc is Existing or more than 2 years old

MAGELLAND GROUP LLC

Date Approved

02/02/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

MAGELLAND GROUP LLC

Borrower Address

1508 L and a Rd

Borrower City

Metairie

Borrower State

LA

Borrower Zip

70001-6261

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

65897.00

Current Approval Amount

65897.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Metairie

Project County Name

JEFFERSON

Project State

LA

Project Zip

70001-6261

CD

LA-02

Jobs Reported

5

NAICS Code

236118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

65893.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

66361.94

Forgiveness Date

10/27/2021

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