PPP Loan information for Magnolia ranch recovery

$254,118

Magnolia ranch recovery was initially approved for PPP Loan of amount $254,118, the current approved amount is $254,118. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 30 jobs and $254,118 was used to fund payroll.

Magnolia ranch recovery is Existing or more than 2 years old

PPP Loan Search / TN / TAFT / Magnolia ranch recovery

MAGNOLIA RANCH RECOVERY

Date Approved

05/01/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MAGNOLIA RANCH RECOVERY

Borrower Address

39 STEVENS HOLLOW RD

Borrower City

TAFT

Borrower State

TN

Borrower Zip

38488

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

254118.00

Current Approval Amount

254118.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TAFT

Project County Name

LINCOLN

Project State

TN

Project Zip

38488-0001

CD

TN-04

Jobs Reported

30

NAICS Code

112990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

254118.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

257654.77

Forgiveness Date

10/06/2021

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