PPP Loan information for Magnolia dry cleaners llc

$160,778

Magnolia dry cleaners llc was initially approved for PPP Loan of amount $160,778, the current approved amount is $160,778. The loan was approved on 04/20/2021 by The First Horizon Bank reported 13 jobs and $160,778 was used to fund payroll.

Magnolia dry cleaners llc is Existing or more than 2 years old

PPP Loan Search / TX / New Braunfels / Magnolia dry cleaners llc

MAGNOLIA DRY CLEANERS LLC

Date Approved

04/20/2021

SBA Office Code

0681

Processing Method

PPP

Borrower Name

MAGNOLIA DRY CLEANERS LLC

Borrower Address

1308 E Common St Ste 201

Borrower City

New Braunfels

Borrower State

TX

Borrower Zip

78130-3561

Loan Status Date

12/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

160778.00

Current Approval Amount

160778.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New Braunfels

Project County Name

COMAL

Project State

TX

Project Zip

78130-3561

CD

TX-21

Jobs Reported

13

NAICS Code

812320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

160776.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

161626.55

Forgiveness Date

11/09/2021

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