PPP Loan information for Magnolia gardens south

$397,093

Magnolia gardens south was initially approved for PPP Loan of amount $397,093, the current approved amount is $397,093. The loan was approved on 04/06/2020 by The Loan Source Incorporated reported 61 jobs and $397,093 was used to fund payroll.

Magnolia gardens south is Existing or more than 2 years old

MAGNOLIA GARDENS SOUTH

Date Approved

04/06/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MAGNOLIA GARDENS SOUTH

Borrower Address

1935 Lakewood Road

Borrower City

TOMS RIVER

Borrower State

NJ

Borrower Zip

08755

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

397092.57

Current Approval Amount

397092.57

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TOMS RIVER

Project County Name

OCEAN

Project State

NJ

Project Zip

08755-0001

CD

NJ-04

Jobs Reported

61

NAICS Code

623990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

397092.57

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

Partnership

Originating Lender Location Id

79203

Originating Lender

OceanFirst Bank, National Association

Originating Lender City

TOMS RIVER

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

401770.65

Forgiveness Date

06/18/2021

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