PPP Loan information for Magnolia contracting llc

$20,520

Magnolia contracting llc was initially approved for PPP Loan of amount $20,520, the current approved amount is $20,520. The loan was approved on 04/28/2020 by The Cadence Bank reported 1 jobs and $20,520 was used to fund payroll.

Magnolia contracting llc is Existing or more than 2 years old

PPP Loan Search / MS / OLIVE BRANCH / Magnolia contracting llc

MAGNOLIA CONTRACTING LLC

Date Approved

04/28/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

MAGNOLIA CONTRACTING LLC

Borrower Address

1081 BROADWING CIRCLE SOUTH 1081 CIR

Borrower City

OLIVE BRANCH

Borrower State

MS

Borrower Zip

38654

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20520.00

Current Approval Amount

20520.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OLIVE BRANCH

Project County Name

DESOTO

Project State

MS

Project Zip

38654-0001

CD

MS-01

Jobs Reported

1

NAICS Code

238290

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

20520.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

20638.56

Forgiveness Date

11/25/2020

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