PPP Loan information for Magnolia metal corporation

$720,637

Magnolia metal corporation was initially approved for PPP Loan of amount $720,637, the current approved amount is $720,637. The loan was approved on 03/25/2021 by The First Interstate Bank reported 63 jobs and $720,637 was used to fund payroll.

Magnolia metal corporation is Existing or more than 2 years old

MAGNOLIA METAL CORPORATION

Date Approved

03/25/2021

SBA Office Code

0766

Processing Method

PPS

Borrower Name

MAGNOLIA METAL CORPORATION

Borrower Address

10675 Bedford Ave Ste 200

Borrower City

Omaha

Borrower State

NE

Borrower Zip

68134-3605

Loan Status Date

03/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

720637.00

Current Approval Amount

720637.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41844

Servicing Lender Name

First Interstate Bank

Servicing Lender Address

401 N 31st St

Servicing Lender City

BILLINGS

Servicing Lender State

MT

Servicing Lender Zip

59101-1200

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Omaha

Project County Name

DOUGLAS

Project State

NE

Project Zip

68134-3605

CD

NE-02

Jobs Reported

63

NAICS Code

331523

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

720636.00

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

Subchapter S Corporation

Originating Lender Location Id

41844

Originating Lender

First Interstate Bank

Originating Lender City

BILLINGS

Originating Lender State

MT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

726757.48

Forgiveness Date

02/10/2022

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