PPP Loan information for Magnolia cafe inc

$154,911

Magnolia cafe inc was initially approved for PPP Loan of amount $154,911, the current approved amount is $154,911. The loan was approved on 04/07/2020 by The Bank of St. Francisville reported 23 jobs and $154,911 was used to fund payroll.

Magnolia cafe inc is Existing or more than 2 years old

PPP Loan Search / LA / SAINT FRANCISVILLE / Magnolia cafe inc

MAGNOLIA CAFE INC

Date Approved

04/07/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

MAGNOLIA CAFE INC

Borrower Address

5689 Commerce Street

Borrower City

SAINT FRANCISVILLE

Borrower State

LA

Borrower Zip

70775-4413

Loan Status Date

06/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

154911.00

Current Approval Amount

154911.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29277

Servicing Lender Name

Bank of St. Francisville

Servicing Lender Address

5700 Commerce St

Servicing Lender City

SAINT FRANCISVILLE

Servicing Lender State

LA

Servicing Lender Zip

70775

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT FRANCISVILLE

Project County Name

WEST FELICIANA

Project State

LA

Project Zip

70775-4413

CD

LA-05

Jobs Reported

23

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

154911.00

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

Corporation

Originating Lender Location Id

29277

Originating Lender

Bank of St. Francisville

Originating Lender City

SAINT FRANCISVILLE

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

156916.24

Forgiveness Date

07/27/2021

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