PPP Loan information for R&s magic soul food, inc

$850,770

R&s magic soul food, inc was initially approved for PPP Loan of amount $850,770, the current approved amount is $850,770. The loan was approved on 05/27/2020 by The Celtic Bank Corporation reported 48 jobs and $850,770 was used to fund payroll.

R&s magic soul food, inc is Existing or more than 2 years old

R&S MAGIC SOUL FOOD, INC

Date Approved

05/27/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

R&S MAGIC SOUL FOOD, INC

Borrower Address

11244 Pines Blvd

Borrower City

Pembroke Pines

Borrower State

FL

Borrower Zip

33026-4101

Loan Status Date

12/18/2021

Loan Status

Charged Off

Term

5

SBA Guaranty Percentage

100

Initial Approval Amount

850770.00

Current Approval Amount

850770.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

223542

Servicing Lender Name

Celtic Bank Corporation

Servicing Lender Address

268 S State St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-5314

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Pembroke Pines

Project County Name

BROWARD

Project State

FL

Project Zip

33026-4101

CD

FL-25

Jobs Reported

48

NAICS Code

721199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

106346.25

Payroll Proceed

638077.50

Mortgage Interest Proceed

0.00

Rent Proceed

106346.25

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;