Magnolia River Restaurant LLC

$342,377 PPP Loan in Magnolia Springs, Alabama

Loan Details

Loan Number
7772687001
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$342,377
Current Approval
$342,377
Forgiveness Amount
$346,495
Forgiveness Date
Jun 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Magnolia River Restaurant LLC
Address
14770 Oak Street
State
Alabama
ZIP Code
36555-6805
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
58
Estimated Revenue
$10.3M
Rural/Urban
Rural
Congressional District
AL-01

Loan Use Breakdown

Payroll
$342,377

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
Iberiabank, a Division of First Horizon Bank

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