PPP Loan information for The steel magnolia

$14,833

The steel magnolia was initially approved for PPP Loan of amount $14,833, the current approved amount is $14,833. The loan was approved on 05/21/2020 by The Truist Bank reported 2 jobs and $14,833 was used to fund payroll.

The steel magnolia is Existing or more than 2 years old

PPP Loan Search / KY / SOMERSET / The steel magnolia

THE STEEL MAGNOLIA

Date Approved

05/21/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

THE STEEL MAGNOLIA

Borrower Address

114 N Main St

Borrower City

SOMERSET

Borrower State

KY

Borrower Zip

42501-1403

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

14833.00

Current Approval Amount

14833.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOMERSET

Project County Name

PULASKI

Project State

KY

Project Zip

42501-1403

CD

KY-05

Jobs Reported

2

NAICS Code

448190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

14833.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

14977.21

Forgiveness Date

05/13/2021

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