PPP Loan information for Magnolia assisted living llc

$106,173

Magnolia assisted living llc was initially approved for PPP Loan of amount $106,173, the current approved amount is $106,173. The loan was approved on 01/21/2021 by The United Community Bank reported 21 jobs and $106,173 was used to fund payroll.

Magnolia assisted living llc is Existing or more than 2 years old

MAGNOLIA ASSISTED LIVING LLC

Date Approved

01/21/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

MAGNOLIA ASSISTED LIVING LLC

Borrower Address

1604 S Burnside Ave

Borrower City

Gonzales

Borrower State

LA

Borrower Zip

70737-4450

Loan Status Date

09/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

106173.20

Current Approval Amount

106173.20

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29249

Servicing Lender Name

United Community Bank

Servicing Lender Address

4626 Hwy 1

Servicing Lender City

RACELAND

Servicing Lender State

LA

Servicing Lender Zip

70394-2623

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Gonzales

Project County Name

ASCENSION

Project State

LA

Project Zip

70737-4450

CD

LA-06

Jobs Reported

21

NAICS Code

623110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

106171.20

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

29249

Originating Lender

United Community Bank

Originating Lender City

RACELAND

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

106780.75

Forgiveness Date

08/17/2021

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