PPP Loan information for Magic city grill

$7,248

Magic city grill was initially approved for PPP Loan of amount $7,248, the current approved amount is $7,248. The loan was approved on 04/02/2021 by The Regions Bank reported 20 jobs and $7,248 was used to fund payroll.

Magic city grill is Existing or more than 2 years old

MAGIC CITY GRILL

Date Approved

04/02/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

MAGIC CITY GRILL

Borrower Address

4610 Gary Ave

Borrower City

Fairfield

Borrower State

AL

Borrower Zip

35064-1340

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

7248.00

Current Approval Amount

7248.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Fairfield

Project County Name

JEFFERSON

Project State

AL

Project Zip

35064-1340

CD

AL-07

Jobs Reported

20

NAICS Code

722511

Race

American Indian or Alaska Native

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

7244.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

7298.64

Forgiveness Date

12/27/2021

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