PPP Loan information for Timothy powell

$11,996

Timothy powell was initially approved for PPP Loan of amount $11,996, the current approved amount is $11,996. The loan was approved on 03/18/2021 by The Magnolia Bank Incorporated reported 1 jobs and $11,996 was used to fund payroll.

Timothy powell is Existing or more than 2 years old

TIMOTHY POWELL

Date Approved

03/18/2021

SBA Office Code

0457

Processing Method

PPP

Borrower Name

TIMOTHY POWELL

Borrower Address

100 Powell Murray Ln

Borrower City

Hodgenville

Borrower State

KY

Borrower Zip

42748-9644

Loan Status Date

08/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

11996.00

Current Approval Amount

11996.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27585

Servicing Lender Name

Magnolia Bank Incorporated

Servicing Lender Address

651 W Dixie Ave

Servicing Lender City

Elizabethtown

Servicing Lender State

KY

Servicing Lender Zip

42701

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hodgenville

Project County Name

LARUE

Project State

KY

Project Zip

42748-9644

CD

KY-02

Jobs Reported

1

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

11992.00

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

Sole Proprietorship

Originating Lender Location Id

27585

Originating Lender

Magnolia Bank Incorporated

Originating Lender City

Elizabethtown

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

12034.65

Forgiveness Date

07/19/2021

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