PPP Loan information for Magnolia dreams llc

$112,425

Magnolia dreams llc was initially approved for PPP Loan of amount $112,425, the current approved amount is $112,425. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 10 jobs and $112,425 was used to fund payroll.

Magnolia dreams llc is New Business or 2 years or less

MAGNOLIA DREAMS LLC

Date Approved

05/01/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

MAGNOLIA DREAMS LLC

Borrower Address

2830 228TH AVE SE STE F

Borrower City

SAMMAMISH

Borrower State

WA

Borrower Zip

98075-9300

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

112425.00

Current Approval Amount

112425.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SAMMAMISH

Project County Name

KING

Project State

WA

Project Zip

98075-9300

CD

WA-08

Jobs Reported

10

NAICS Code

561499

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

112425.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

113407.56

Forgiveness Date

03/17/2021

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