PPP Loan information for Magnolia flooring mill, llc

$625,317

Magnolia flooring mill, llc was initially approved for PPP Loan of amount $625,317, the current approved amount is $625,317. The loan was approved on 04/06/2020 by The Farmers Bank & Trust Company reported 59 jobs and $625,317 was used to fund payroll.

Magnolia flooring mill, llc is Existing or more than 2 years old

PPP Loan Search / AR / HAMBURG / Magnolia flooring mill, llc

MAGNOLIA FLOORING MILL, LLC

Date Approved

04/06/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

MAGNOLIA FLOORING MILL, LLC

Borrower Address

700 MILL RD

Borrower City

HAMBURG

Borrower State

AR

Borrower Zip

71646-3410

Loan Status Date

Loan Status

Exemption 4

Term

77

SBA Guaranty Percentage

100

Initial Approval Amount

625317.00

Current Approval Amount

625317.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4520

Servicing Lender Name

Farmers Bank & Trust Company

Servicing Lender Address

200 E Main St

Servicing Lender City

MAGNOLIA

Servicing Lender State

AR

Servicing Lender Zip

71753-3530

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HAMBURG

Project County Name

ASHLEY

Project State

AR

Project Zip

71646-3410

CD

AR-04

Jobs Reported

59

NAICS Code

531120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

625317.00

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

4520

Originating Lender

Farmers Bank & Trust Company

Originating Lender City

MAGNOLIA

Originating Lender State

AR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

473423.22

Forgiveness Date

11/10/2020

;