PPP Loan information for Magnolia management company, llc

$3,201,300

Magnolia management company, llc was initially approved for PPP Loan of amount $3,201,300, the current approved amount is $3,201,300. The loan was approved on 04/27/2020 by The New Valley Bank & Trust reported 500 jobs and $3,201,300 was used to fund payroll.

Magnolia management company, llc is Existing or more than 2 years old

PPP Loan Search / MA / EAST LONGMEADOW / Magnolia management company, llc

MAGNOLIA MANAGEMENT COMPANY, LLC

Date Approved

04/27/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

MAGNOLIA MANAGEMENT COMPANY, LLC

Borrower Address

200 NORTH MAIN ST 204

Borrower City

EAST LONGMEADOW

Borrower State

MA

Borrower Zip

01028-2326

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3201300.00

Current Approval Amount

3201300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

526572

Servicing Lender Name

New Valley Bank & Trust

Servicing Lender Address

One Monarch Place Suite 910

Servicing Lender City

Springfield

Servicing Lender State

MA

Servicing Lender Zip

01144

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EAST LONGMEADOW

Project County Name

HAMPDEN

Project State

MA

Project Zip

01028-2326

CD

MA-01

Jobs Reported

500

NAICS Code

623312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3201300.00

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

526572

Originating Lender

New Valley Bank & Trust

Originating Lender City

Springfield

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3236382.74

Forgiveness Date

06/11/2021

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