Magnolia Hospitality LLC

$99,400 PPP Loan in Durant, Oklahoma

Loan Details

Loan Number
5473637107
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$99,400
Current Approval
$99,400
Forgiveness Amount
$29,994
Forgiveness Date
Aug 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Magnolia Hospitality LLC
Address
118 North 7th Avenue
City
Durant
ZIP Code
74701-4756
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
OK-02

Loan Use Breakdown

Payroll
$79,520
Utilities
$9,940
Debt Interest
$9,940

Lender Information

Servicing Lender
First United Bank and Trust Company
Originating Lender
First United Bank and Trust Company

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