PPP Loan information for Magnolia lodging, l.l.c.

$140,942

Magnolia lodging, l.l.c. was initially approved for PPP Loan of amount $140,942, the current approved amount is $140,942. The loan was approved on 04/07/2020 by The Farmers Bank & Trust Company reported 11 jobs and $140,942 was used to fund payroll.

Magnolia lodging, l.l.c. is Existing or more than 2 years old

PPP Loan Search / TX / LEWISVILLE / Magnolia lodging, l.l.c.

MAGNOLIA LODGING, L.L.C.

Date Approved

04/07/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

MAGNOLIA LODGING, L.L.C.

Borrower Address

417 OAKBEND DR STE 170

Borrower City

LEWISVILLE

Borrower State

TX

Borrower Zip

75067-2308

Loan Status Date

11/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

140942.00

Current Approval Amount

140942.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4520

Servicing Lender Name

Farmers Bank & Trust Company

Servicing Lender Address

200 E Main St

Servicing Lender City

MAGNOLIA

Servicing Lender State

AR

Servicing Lender Zip

71753-3530

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LEWISVILLE

Project County Name

DENTON

Project State

TX

Project Zip

75067-2308

CD

TX-26

Jobs Reported

11

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

140942.00

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

4520

Originating Lender

Farmers Bank & Trust Company

Originating Lender City

MAGNOLIA

Originating Lender State

AR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

141722.01

Forgiveness Date

11/05/2020

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