Little Magnolias Child Care Center LLC

$55,325 PPP Loan in Lexington, Virginia

Loan Details

Loan Number
4843457203
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$55,325
Current Approval
$55,325
Forgiveness Amount
$55,846
Forgiveness Date
Apr 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Little Magnolias Child Care Center LLC
Address
650 N Lee Hwy
ZIP Code
24450-3759
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Health Care and Social Assistance (624410)
Business Age
New Business or 2 years or less
Jobs Reported
13
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
VA-06

Loan Use Breakdown

Payroll
$45,325
Rent
$5,000
Utilities
$5,000

Lender Information

Servicing Lender
Cornerstone Bank
Originating Lender
Cornerstone Bank

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