PPP Loan information for Magnolia hvac inc.

$6,978

Magnolia hvac inc. was initially approved for PPP Loan of amount $6,978, the current approved amount is $6,978. The loan was approved on 03/24/2021 by The Peoples Bank of Greensboro reported 1 jobs and $6,978 was used to fund payroll.

Magnolia hvac inc. is Existing or more than 2 years old

PPP Loan Search / AL / Newbern / Magnolia hvac inc.

MAGNOLIA HVAC INC.

Date Approved

03/24/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

MAGNOLIA HVAC INC.

Borrower Address

8261 Al Highway 61

Borrower City

Newbern

Borrower State

AL

Borrower Zip

36765

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

6978.33

Current Approval Amount

6978.33

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2012

Servicing Lender Name

Peoples Bank of Greensboro

Servicing Lender Address

1402 State St

Servicing Lender City

GREENSBORO

Servicing Lender State

AL

Servicing Lender Zip

36744-1922

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Newbern

Project County Name

HALE

Project State

AL

Project Zip

36765

CD

AL-07

Jobs Reported

1

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

6975.33

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

Subchapter S Corporation

Originating Lender Location Id

2012

Originating Lender

Peoples Bank of Greensboro

Originating Lender City

GREENSBORO

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

7029.76

Forgiveness Date

12/21/2021

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