PPP Loan information for Majestic operations, llc

$1,217,000

Majestic operations, llc was initially approved for PPP Loan of amount $1,217,000, the current approved amount is $1,217,000. The loan was approved on 04/08/2020 by The CIBC Bank USA reported 233 jobs and $1,217,000 was used to fund payroll.

Majestic operations, llc is Existing or more than 2 years old

MAJESTIC OPERATIONS, LLC

Date Approved

04/08/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MAJESTIC OPERATIONS, LLC

Borrower Address

131 N Tucker St

Borrower City

MEMPHIS

Borrower State

TN

Borrower Zip

38104-2636

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1217000.00

Current Approval Amount

1217000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116998

Servicing Lender Name

CIBC Bank USA

Servicing Lender Address

120 S LaSalle St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-3403

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MEMPHIS

Project County Name

SHELBY

Project State

TN

Project Zip

38104-2636

CD

TN-09

Jobs Reported

233

NAICS Code

623110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1217000.00

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

116998

Originating Lender

CIBC Bank USA

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1229870.19

Forgiveness Date

05/05/2021

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