Southern Magnolias

$250,000 PPP Loan in Hilton Head Island, South Carolina

Loan Details

Loan Number
6963857710
Date Approved
May 3, 2020
Loan Status
Paid in Full
Initial Approval
$250,000
Current Approval
$250,000
Forgiveness Amount
$251,925
Forgiveness Date
Feb 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Southern Magnolias
Address
109 Dillon Rd
ZIP Code
29926-3705
Business Type
Corporation
Industry (NAICS)
Administrative and Support and Waste Management (561730)
Business Age
New Business or 2 years or less
Jobs Reported
42
Estimated Revenue
$9.1M
Rural/Urban
Urban
Congressional District
SC-01

Loan Use Breakdown

Payroll
$250,000

Lender Information

Servicing Lender
Bank of America, National Association
Originating Lender
Bank of America, National Association

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