PPP Loan information for Phase ii enterprises inc.

$103,700

Phase ii enterprises inc. was initially approved for PPP Loan of amount $103,700, the current approved amount is $103,700. The loan was approved on 04/04/2020 by The The Bank of Magnolia Company reported 12 jobs and $103,700 was used to fund payroll.

Phase ii enterprises inc. is Existing or more than 2 years old

PHASE II ENTERPRISES INC.

Date Approved

04/04/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

PHASE II ENTERPRISES INC.

Borrower Address

2154 BOLIVAR RD SW

Borrower City

CANTON

Borrower State

OH

Borrower Zip

44706-3055

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

103700.00

Current Approval Amount

103700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57711

Servicing Lender Name

The Bank of Magnolia Company

Servicing Lender Address

122 N Main St

Servicing Lender City

MAGNOLIA

Servicing Lender State

OH

Servicing Lender Zip

44643-9216

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CANTON

Project County Name

STARK

Project State

OH

Project Zip

44706-3055

CD

OH-13

Jobs Reported

12

NAICS Code

531120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1860.00

Payroll Proceed

84065.00

Mortgage Interest Proceed

3210.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

4565.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

57711

Originating Lender

The Bank of Magnolia Company

Originating Lender City

MAGNOLIA

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

104486.98

Forgiveness Date

01/07/2021

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