Sugar Magnolia INC

$104,465 PPP Loan in Christiansted, Virgin Islands

Loan Details

Loan Number
1485408506
Date Approved
Feb 19, 2021
Loan Status
Paid in Full
Initial Approval
$104,465
Current Approval
$104,465
Forgiveness Amount
$104,915
Forgiveness Date
Aug 4, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Sugar Magnolia INC
Address
4040 Est La Grande Princesse
ZIP Code
00820
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (721214)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
VI-

Loan Use Breakdown

Payroll
$104,461
Utilities
$1

Lender Information

Servicing Lender
United Fidelity Bank, Fsb
Originating Lender
United Fidelity Bank, Fsb

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