Date Approved
05/18/2020
SBA Office Code
0470
Processing Method
PPP
Borrower Name
MAGNOLIA SOLUTIONS LLC
Borrower Address
102 Mauri Cove
Borrower City
Clinton
Borrower State
MS
Borrower Zip
39056
Loan Status Date
04/09/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
11500.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
2408
Servicing Lender Name
Regions Bank
Servicing Lender Address
1900 Fifth Avenue North
Servicing Lender City
BIRMINGHAM
Servicing Lender State
AL
Servicing Lender Zip
35203
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
HINDS
Project State
Project Zip
39056-0500
CD
MS-02
Jobs Reported
1
NAICS Code
315990
Race
American Indian or Alaska Native
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
11589.79
Forgiveness Date
03/02/2021