PPP Loan information for Magnolia restaurant llc

$12,605

Magnolia restaurant llc was initially approved for PPP Loan of amount $12,605, the current approved amount is $12,605. The loan was approved on 05/01/2020 by The TD Bank, National Association reported 5 jobs and $12,605 was used to fund payroll.

Magnolia restaurant llc is Existing or more than 2 years old

PPP Loan Search / NJ / VINELAND / Magnolia restaurant llc

MAGNOLIA RESTAURANT LLC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MAGNOLIA RESTAURANT LLC

Borrower Address

1047 S MAIN RD

Borrower City

VINELAND

Borrower State

NJ

Borrower Zip

08360

Loan Status Date

01/22/2022

Loan Status

Charged Off

Term

2

SBA Guaranty Percentage

100

Initial Approval Amount

12605.00

Current Approval Amount

12605.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29805

Servicing Lender Name

TD Bank, National Association

Servicing Lender Address

2035 Limestone Rd

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19808-5529

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

VINELAND

Project County Name

CUMBERLAND

Project State

NJ

Project Zip

08360-1500

CD

NJ-02

Jobs Reported

5

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

12605.00

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

29805

Originating Lender

TD Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2220.09

Forgiveness Date

06/04/2021

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