PPP Loan information for Magestic beauty bar

$21,250

Magestic beauty bar was initially approved for PPP Loan of amount $21,250, the current approved amount is $21,250. The loan was approved on 08/06/2020 by The MBE Capital Partners reported 7 jobs and $21,250 was used to fund payroll.

Magestic beauty bar is New Business or 2 years or less

PPP Loan Search / AL / BESSEMER / Magestic beauty bar

MAGESTIC BEAUTY BAR

Date Approved

08/06/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MAGESTIC BEAUTY BAR

Borrower Address

4319 BESSEMER SUPER HWY

Borrower City

BESSEMER

Borrower State

AL

Borrower Zip

35020-2414

Loan Status Date

12/04/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

21250.00

Current Approval Amount

21250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

529431

Servicing Lender Name

MBE Capital Partners

Servicing Lender Address

1 Bridge Plaza N. # 550

Servicing Lender City

Fort Lee

Servicing Lender State

NJ

Servicing Lender Zip

07024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

BESSEMER

Project County Name

JEFFERSON

Project State

AL

Project Zip

35020-2414

CD

AL-07

Jobs Reported

7

NAICS Code

812112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

21250.00

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

Self-Employed Individuals

Originating Lender Location Id

529431

Originating Lender

MBE Capital Partners

Originating Lender City

Fort Lee

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

21522.71

Forgiveness Date

11/18/2021

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