PPP Loan information for Magnolia management group ltd

$230,206

Magnolia management group ltd was initially approved for PPP Loan of amount $230,206, the current approved amount is $230,206. The loan was approved on 01/29/2021 by The The Croghan Colonial Bank reported 16 jobs and $230,206 was used to fund payroll.

Magnolia management group ltd is Existing or more than 2 years old

MAGNOLIA MANAGEMENT GROUP LTD

Date Approved

01/29/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

MAGNOLIA MANAGEMENT GROUP LTD

Borrower Address

5445 Smith Rd

Borrower City

Brookpark

Borrower State

OH

Borrower Zip

44142-2026

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

230206.10

Current Approval Amount

230206.10

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57578

Servicing Lender Name

The Croghan Colonial Bank

Servicing Lender Address

323 Croghan St

Servicing Lender City

FREMONT

Servicing Lender State

OH

Servicing Lender Zip

43420-3013

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Brookpark

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44142-2026

CD

OH-07

Jobs Reported

16

NAICS Code

551114

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

230206.10

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

57578

Originating Lender

The Croghan Colonial Bank

Originating Lender City

FREMONT

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

231977.41

Forgiveness Date

11/15/2021

;