Magnolia River Restaurant LLC

$494,602 PPP Loan in Magnolia Springs, Alabama

Loan Details

Loan Number
9444338302
Date Approved
Jan 30, 2021
Loan Status
Paid in Full
Initial Approval
$494,602
Current Approval
$494,602
Forgiveness Amount
$500,606
Forgiveness Date
Apr 27, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Magnolia River Restaurant LLC
Address
14700 Oak Street
State
Alabama
ZIP Code
36555
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
$494,599
Utilities
$1

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

Other PPP Loans in Magnolia Springs, AL

BusinessApproved
Magnolia River Restaurant LLC$342,377NewBizBotAI Deep Dive
M&n of Alabama LLC$110,045NewBizBotAI Deep Dive
M&n of Alabama LLC$110,030NewBizBotAI Deep Dive
Force 5 Walls Inc.$52,590NewBizBotAI Deep Dive
Dr. Steven W. Kinsey M.d., P.c.$44,114NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free