PPP Loan information for Magnolia technologies

$20,833

Magnolia technologies was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 05/01/2020 by The Pinnacle Bank reported 2 jobs and $20,833 was used to fund payroll.

Magnolia technologies is Existing or more than 2 years old

MAGNOLIA TECHNOLOGIES

Date Approved

05/01/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

MAGNOLIA TECHNOLOGIES

Borrower Address

115 Loblolly Circle

Borrower City

PEACHTREE CITY

Borrower State

GA

Borrower Zip

30269

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20833.32

Current Approval Amount

20833.32

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19435

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

884 Elbert St

Servicing Lender City

ELBERTON

Servicing Lender State

GA

Servicing Lender Zip

30635-2628

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PEACHTREE CITY

Project County Name

FAYETTE

Project State

GA

Project Zip

30269-0001

CD

GA-03

Jobs Reported

2

NAICS Code

519190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

20833.32

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

Sole Proprietorship

Originating Lender Location Id

19435

Originating Lender

Pinnacle Bank

Originating Lender City

ELBERTON

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

20965.26

Forgiveness Date

12/16/2020

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