PPP Loan information for Magnolia energy services llc

$982,537

Magnolia energy services llc was initially approved for PPP Loan of amount $982,537, the current approved amount is $982,537. The loan was approved on 02/12/2021 by The Loan Source Incorporated reported 89 jobs and $982,537 was used to fund payroll.

Magnolia energy services llc is Existing or more than 2 years old

PPP Loan Search / MS / Laurel / Magnolia energy services llc

MAGNOLIA ENERGY SERVICES LLC

Date Approved

02/12/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

MAGNOLIA ENERGY SERVICES LLC

Borrower Address

3616 Industrial Blvd

Borrower City

Laurel

Borrower State

MS

Borrower Zip

39440-5839

Loan Status Date

04/01/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

982537.00

Current Approval Amount

982537.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Laurel

Project County Name

JONES

Project State

MS

Project Zip

39440-5839

CD

MS-04

Jobs Reported

89

NAICS Code

237210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

982536.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Partnership

Originating Lender Location Id

39334

Originating Lender

Trustmark National Bank

Originating Lender City

JACKSON

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

994112.09

Forgiveness Date

05/23/2022

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