PPP Loan information for Magnolia credit corporation

$15,599

Magnolia credit corporation was initially approved for PPP Loan of amount $15,599, the current approved amount is $15,599. The loan was approved on 04/30/2020 by The The Citizens National Bank of Meridian reported 4 jobs and $15,599 was used to fund payroll.

Magnolia credit corporation is Unanswered

PPP Loan Search / MS / HATTIESBURG / Magnolia credit corporation

MAGNOLIA CREDIT CORPORATION

Date Approved

04/30/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

MAGNOLIA CREDIT CORPORATION

Borrower Address

400 BROADWAY DR

Borrower City

HATTIESBURG

Borrower State

MS

Borrower Zip

39401-6323

Loan Status Date

02/16/2022

Loan Status

Charged Off

Term

2

SBA Guaranty Percentage

100

Initial Approval Amount

15599.00

Current Approval Amount

15599.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39604

Servicing Lender Name

The Citizens National Bank of Meridian

Servicing Lender Address

512 22nd Ave

Servicing Lender City

MERIDIAN

Servicing Lender State

MS

Servicing Lender Zip

39301-5853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

HATTIESBURG

Project County Name

FORREST

Project State

MS

Project Zip

39401-6323

CD

MS-04

Jobs Reported

4

NAICS Code

522298

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1559.90

Payroll Proceed

12479.20

Mortgage Interest Proceed

1559.90

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

39604

Originating Lender

The Citizens National Bank of Meridian

Originating Lender City

MERIDIAN

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;