PPP Loan information for Magnolia hospitality, llc

$153,785

Magnolia hospitality, llc was initially approved for PPP Loan of amount $153,785, the current approved amount is $153,785. The loan was approved on 06/10/2020 by The First Horizon Bank reported 19 jobs and $153,785 was used to fund payroll.

Magnolia hospitality, llc is Existing or more than 2 years old

PPP Loan Search / TN / KNOXVILLE / Magnolia hospitality, llc

MAGNOLIA HOSPITALITY, LLC

Date Approved

06/10/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MAGNOLIA HOSPITALITY, LLC

Borrower Address

501 UNION AVE

Borrower City

KNOXVILLE

Borrower State

TN

Borrower Zip

37902-2115

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

153785.00

Current Approval Amount

153785.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KNOXVILLE

Project County Name

KNOX

Project State

TN

Project Zip

37902-2115

CD

TN-02

Jobs Reported

19

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7374.00

Payroll Proceed

132870.00

Mortgage Interest Proceed

0.00

Rent Proceed

13541.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

155566.34

Forgiveness Date

08/20/2021

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