PPP Loan information for Magnolia arts council, inc.

$5,958

Magnolia arts council, inc. was initially approved for PPP Loan of amount $5,958, the current approved amount is $5,958. The loan was approved on 04/13/2020 by The Cadence Bank reported 1 jobs and $5,958 was used to fund payroll.

Magnolia arts council, inc. is Existing or more than 2 years old

MAGNOLIA ARTS COUNCIL, INC.

Date Approved

04/13/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

MAGNOLIA ARTS COUNCIL, INC.

Borrower Address

116 SOUTH WASHINGTON

Borrower City

MAGNOLIA

Borrower State

AR

Borrower Zip

71753-3523

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5957.50

Current Approval Amount

5957.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MAGNOLIA

Project County Name

COLUMBIA

Project State

AR

Project Zip

71753-3523

CD

AR-04

Jobs Reported

1

NAICS Code

711190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

5957.50

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

Non-Profit Organization

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

5991.92

Forgiveness Date

11/17/2020

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