PPP Loan information for Magnolia hospitality, llc

$235,938

Magnolia hospitality, llc was initially approved for PPP Loan of amount $235,938, the current approved amount is $235,938. The loan was approved on 04/28/2020 by The Cross River Bank reported 59 jobs and $235,938 was used to fund payroll.

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

PPP Loan Search / LA / Covington / Magnolia hospitality, llc

MAGNOLIA HOSPITALITY, LLC

Date Approved

04/28/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

MAGNOLIA HOSPITALITY, LLC

Borrower Address

180 New Camellia Blvd Suite 100

Borrower City

Covington

Borrower State

LA

Borrower Zip

70433

Loan Status Date

10/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

235938.00

Current Approval Amount

235938.00

Undisbursed Amount

0.00

Franchise Name

WOW Cafe & Wingery

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Covington

Project County Name

SAINT TAMMANY

Project State

LA

Project Zip

70433-0001

CD

LA-01

Jobs Reported

59

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

235938.00

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

529113

Originating Lender

Kabbage, Inc.

Originating Lender City

Atlanta

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

91530.48

Forgiveness Date

02/23/2022

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