PPP Loan information for Magnolia river restaurant llc

$342,377

Magnolia river restaurant llc was initially approved for PPP Loan of amount $342,377, the current approved amount is $342,377. The loan was approved on 04/08/2020 by The First Horizon Bank reported 58 jobs and $342,377 was used to fund payroll.

Magnolia river restaurant llc is Existing or more than 2 years old

PPP Loan Search / AL / MAGNOLIA SPRINGS / Magnolia river restaurant llc

MAGNOLIA RIVER RESTAURANT LLC

Date Approved

04/08/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MAGNOLIA RIVER RESTAURANT LLC

Borrower Address

14770 Oak Street

Borrower City

MAGNOLIA SPRINGS

Borrower State

AL

Borrower Zip

36555-6805

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

342376.72

Current Approval Amount

342376.72

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

MAGNOLIA SPRINGS

Project County Name

BALDWIN

Project State

AL

Project Zip

36555-6805

CD

AL-01

Jobs Reported

58

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

342376.72

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

346494.75

Forgiveness Date

06/22/2021

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