PPP Loan information for Magnolia music center no. 2, llc

$21,600

Magnolia music center no. 2, llc was initially approved for PPP Loan of amount $21,600, the current approved amount is $21,600. The loan was approved on 04/10/2020 by The Community Bank of Mississippi reported 6 jobs and $21,600 was used to fund payroll.

Magnolia music center no. 2, llc is Existing or more than 2 years old

PPP Loan Search / MS / OCEAN SPRINGS / Magnolia music center no. 2, llc

MAGNOLIA MUSIC CENTER NO. 2, LLC

Date Approved

04/10/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

MAGNOLIA MUSIC CENTER NO. 2, LLC

Borrower Address

2668 BIENVILLE BLVD

Borrower City

OCEAN SPRINGS

Borrower State

MS

Borrower Zip

39564-3100

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

21600.00

Current Approval Amount

21600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39217

Servicing Lender Name

Community Bank of Mississippi

Servicing Lender Address

323 E Third St

Servicing Lender City

Forest

Servicing Lender State

MS

Servicing Lender Zip

39074-0059

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OCEAN SPRINGS

Project County Name

JACKSON

Project State

MS

Project Zip

39564-3100

CD

MS-04

Jobs Reported

6

NAICS Code

451140

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2600.00

Payroll Proceed

19000.00

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

39217

Originating Lender

Community Bank of Mississippi

Originating Lender City

Forest

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

21757.41

Forgiveness Date

01/07/2021

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