PPP Loan information for Magnolia island, inc.

$160,541

Magnolia island, inc. was initially approved for PPP Loan of amount $160,541, the current approved amount is $160,541. The loan was approved on 05/15/2020 by The U.S. Bank, National Association reported 41 jobs and $160,541 was used to fund payroll.

Magnolia island, inc. is Existing or more than 2 years old

PPP Loan Search / CA / BURBANK / Magnolia island, inc.

MAGNOLIA ISLAND, INC.

Date Approved

05/15/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

MAGNOLIA ISLAND, INC.

Borrower Address

910 MAGNOLIA BLVD W

Borrower City

BURBANK

Borrower State

CA

Borrower Zip

91506

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

160541.00

Current Approval Amount

160541.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BURBANK

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91506-1000

CD

CA-30

Jobs Reported

41

NAICS Code

811192

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

160541.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

162605.74

Forgiveness Date

08/26/2021

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