PPP Loan information for Magnolia rental & sales,inc.

$153,800

Magnolia rental & sales,inc. was initially approved for PPP Loan of amount $153,800, the current approved amount is $153,800. The loan was approved on 04/10/2020 by The Renasant Bank reported 42 jobs and $153,800 was used to fund payroll.

Magnolia rental & sales,inc. is Existing or more than 2 years old

PPP Loan Search / MS / BATESVILLE / Magnolia rental & sales,inc.

MAGNOLIA RENTAL & SALES,INC.

Date Approved

04/10/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

MAGNOLIA RENTAL & SALES,INC.

Borrower Address

175 HIGHWAY 51 S

Borrower City

BATESVILLE

Borrower State

MS

Borrower Zip

38606-2542

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

153800.00

Current Approval Amount

153800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40010

Servicing Lender Name

Renasant Bank

Servicing Lender Address

209 Troy St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4827

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BATESVILLE

Project County Name

PANOLA

Project State

MS

Project Zip

38606-2542

CD

MS-02

Jobs Reported

42

NAICS Code

532490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

153800.00

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

Corporation

Originating Lender Location Id

40010

Originating Lender

Renasant Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

154769.79

Forgiveness Date

12/15/2020

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