MAGNOLIA HOSPITALITY LLC

PPP loan information & details

Business Information

Historical loan information does not establish current debt or wrongdoing. Missing values are shown as “Not reported”; recorded zeros remain zero. SBA source and field definitions.

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Business MAGNOLIA HOSPITALITY LLC
Business Type Limited Liability Company(LLC)
Business Category Hotels (except Casino Hotels) and Motels
Business Address 118 N 7th Ave
Durant OK 74701-4756
Jobs Retained 4
Loan Amount $139,100
Forgiveness Amount $19,804

Amount recorded as forgiven in the source. Do not subtract it from the approved amount to infer a current balance.

Loan Status Exemption 4

The SBA withholds the status under Exemption 4 for disbursed loans not recorded as paid in full or charged off in that snapshot. This does not establish a balance due today.

Status date: Not reported

Date Approved 01/29/2021
Lender First United Bank and Trust Company
1400 W Main St
DURANT OK 74701-4906
Ethnicity Owned Unanswered
Gender of Owner Male Owned
Is Owner a Veteran? Non-Veteran