PPP Loan information for Magnolia financial, inc

$102,542

Magnolia financial, inc was initially approved for PPP Loan of amount $102,542, the current approved amount is $102,542. The loan was approved on 04/06/2020 by The Synovus Bank reported 10 jobs and $102,542 was used to fund payroll.

Magnolia financial, inc is Existing or more than 2 years old

PPP Loan Search / SC / SPARTANBURG / Magnolia financial, inc

MAGNOLIA FINANCIAL, INC

Date Approved

04/06/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

MAGNOLIA FINANCIAL, INC

Borrower Address

187 W BROAD ST

Borrower City

SPARTANBURG

Borrower State

SC

Borrower Zip

29306-3234

Loan Status Date

08/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

102541.87

Current Approval Amount

102541.87

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19248

Servicing Lender Name

Synovus Bank

Servicing Lender Address

1148 Broadway

Servicing Lender City

COLUMBUS

Servicing Lender State

GA

Servicing Lender Zip

31901-2429

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPARTANBURG

Project County Name

SPARTANBURG

Project State

SC

Project Zip

29306-3234

CD

SC-04

Jobs Reported

10

NAICS Code

522298

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

102541.87

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

Corporation

Originating Lender Location Id

19248

Originating Lender

Synovus Bank

Originating Lender City

COLUMBUS

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;