PPP Loan information for Magnolia fleet llc

$2,000,000

Magnolia fleet llc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/27/2021 by The Hancock Whitney Bank reported 150 jobs and $2,000,000 was used to fund payroll.

Magnolia fleet llc is Existing or more than 2 years old

PPP Loan Search / LA / Metairie / Magnolia fleet llc

MAGNOLIA FLEET LLC

Date Approved

01/27/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

MAGNOLIA FLEET LLC

Borrower Address

3000 Ridgelake Dr

Borrower City

Metairie

Borrower State

LA

Borrower Zip

70002-4948

Loan Status Date

02/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39232

Servicing Lender Name

Hancock Whitney Bank

Servicing Lender Address

2510 14th St One Hancock Plz

Servicing Lender City

GULFPORT

Servicing Lender State

MS

Servicing Lender Zip

39501

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Metairie

Project County Name

JEFFERSON

Project State

LA

Project Zip

70002-4948

CD

LA-01

Jobs Reported

150

NAICS Code

488320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1999997.00

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

39232

Originating Lender

Hancock Whitney Bank

Originating Lender City

GULFPORT

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2019777.78

Forgiveness Date

01/21/2022

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