PPP Loan information for Magnolia lane design

$20,767

Magnolia lane design was initially approved for PPP Loan of amount $20,767, the current approved amount is $20,767. The loan was approved on 02/27/2021 by The TD Bank, National Association reported 2 jobs and $20,767 was used to fund payroll.

Magnolia lane design is Existing or more than 2 years old

MAGNOLIA LANE DESIGN

Date Approved

02/27/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

MAGNOLIA LANE DESIGN

Borrower Address

618 Arnold Ave

Borrower City

Point Pleasant Beach

Borrower State

NJ

Borrower Zip

08742-2531

Loan Status Date

11/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20767.00

Current Approval Amount

20767.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29805

Servicing Lender Name

TD Bank, National Association

Servicing Lender Address

2035 Limestone Rd

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19808-5529

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Point Pleasant Beach

Project County Name

OCEAN

Project State

NJ

Project Zip

08742-2531

CD

NJ-04

Jobs Reported

2

NAICS Code

811490

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

20765.00

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

29805

Originating Lender

TD Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20902.56

Forgiveness Date

10/25/2021

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