PPP Loan information for Magnolia wealth management llc

$41,703

Magnolia wealth management llc was initially approved for PPP Loan of amount $43,735, the current approved amount is $41,703. The loan was approved on 04/07/2020 by The Friend Bank reported 4 jobs and $41,703 was used to fund payroll.

Magnolia wealth management llc is Existing or more than 2 years old

MAGNOLIA WEALTH MANAGEMENT LLC

Date Approved

04/07/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MAGNOLIA WEALTH MANAGEMENT LLC

Borrower Address

1535 HONEYSUCKLE RD

Borrower City

DOTHAN

Borrower State

AL

Borrower Zip

36305-1966

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

43734.70

Current Approval Amount

41703.13

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3282

Servicing Lender Name

Friend Bank

Servicing Lender Address

220 E Lawrence Harris Hwy

Servicing Lender City

SLOCOMB

Servicing Lender State

AL

Servicing Lender Zip

36375-8106

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DOTHAN

Project County Name

HOUSTON

Project State

AL

Project Zip

36305-1966

CD

AL-02

Jobs Reported

4

NAICS Code

523930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

41703.13

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

3282

Originating Lender

Friend Bank

Originating Lender City

SLOCOMB

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

42056.18

Forgiveness Date

02/19/2021

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