PPP Loan information for Magnolia paint company

$65,600

Magnolia paint company was initially approved for PPP Loan of amount $65,600, the current approved amount is $65,600. The loan was approved on 04/10/2020 by The First Horizon Bank reported 10 jobs and $65,600 was used to fund payroll.

Magnolia paint company is Existing or more than 2 years old

PPP Loan Search / NC / HICKORY / Magnolia paint company

MAGNOLIA PAINT COMPANY

Date Approved

04/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MAGNOLIA PAINT COMPANY

Borrower Address

1108 8TH STREET LN NW

Borrower City

HICKORY

Borrower State

NC

Borrower Zip

28601-3928

Loan Status Date

10/01/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

65600.00

Current Approval Amount

65600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HICKORY

Project County Name

CATAWBA

Project State

NC

Project Zip

28601-3928

CD

NC-10

Jobs Reported

10

NAICS Code

444120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

49200.00

Mortgage Interest Proceed

0.00

Rent Proceed

16400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

66441.87

Forgiveness Date

08/05/2021

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