PPP Loan information for Magnolia forest resources, inc.

$25,000

Magnolia forest resources, inc. was initially approved for PPP Loan of amount $25,000, the current approved amount is $25,000. The loan was approved on 04/09/2020 by The Bank of Travelers Rest reported 3 jobs and $25,000 was used to fund payroll.

Magnolia forest resources, inc. is Existing or more than 2 years old

PPP Loan Search / SC / STARR / Magnolia forest resources, inc.

MAGNOLIA FOREST RESOURCES, INC.

Date Approved

04/09/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

MAGNOLIA FOREST RESOURCES, INC.

Borrower Address

422 FRED DEAN RD

Borrower City

STARR

Borrower State

SC

Borrower Zip

29684-9344

Loan Status Date

06/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

25000.00

Current Approval Amount

25000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66363

Servicing Lender Name

Bank of Travelers Rest

Servicing Lender Address

42 Plaza Dr

Servicing Lender City

TRAVELERS REST

Servicing Lender State

SC

Servicing Lender Zip

29690-1688

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

STARR

Project County Name

ANDERSON

Project State

SC

Project Zip

29684-9344

CD

SC-03

Jobs Reported

3

NAICS Code

113310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

25000.00

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

Corporation

Originating Lender Location Id

66363

Originating Lender

Bank of Travelers Rest

Originating Lender City

TRAVELERS REST

Originating Lender State

SC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

25143.84

Forgiveness Date

11/12/2020

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