# PPP loan: SWEET MAGNOLIA'S SOUL FOOD INC
> **$220K** approved 01/19/2021 · Charged Off · Loan `1775868306`
## Borrower
- **Name:** SWEET MAGNOLIA'S SOUL FOOD INC
- **Address:** 29221 Northwestern Hwy Ste 214, Southfield, MI, 48034-1024
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $220K
- **Initial approval:** $220K
- **Forgiven:** $184K (84%)
- **Forgiveness date:** 01/28/2022
- **Status:** Charged Off
- **Term:** 45 months
## Use of funds
- **Payroll:** $220K
- **Utilities:** $1
- **Jobs reported:** 34
## Lender
- **Originating:** Milestone Bank
- **Servicing:** Milestone Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*