PPP Loan information for Magnolia landscape supply inc.

$89,700

Magnolia landscape supply inc. was initially approved for PPP Loan of amount $89,700, the current approved amount is $89,700. The loan was approved on 07/31/2020 by The Truist Bank reported 11 jobs and $89,700 was used to fund payroll.

Magnolia landscape supply inc. is Existing or more than 2 years old

PPP Loan Search / AL / Summerdale / Magnolia landscape supply inc.

MAGNOLIA LANDSCAPE SUPPLY INC.

Date Approved

07/31/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MAGNOLIA LANDSCAPE SUPPLY INC.

Borrower Address

117 Highway 59 S

Borrower City

Summerdale

Borrower State

AL

Borrower Zip

36580

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

89700.00

Current Approval Amount

89700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Summerdale

Project County Name

BALDWIN

Project State

AL

Project Zip

36580-0001

CD

AL-01

Jobs Reported

11

NAICS Code

111421

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

89700.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

90751.48

Forgiveness Date

10/07/2021

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