PPP Loan information for Magnolia lift truck parts, inc

$147,200

Magnolia lift truck parts, inc was initially approved for PPP Loan of amount $147,200, the current approved amount is $147,200. The loan was approved on 04/04/2020 by The Merchants & Planters Bank reported 9 jobs and $147,200 was used to fund payroll.

Magnolia lift truck parts, inc is Existing or more than 2 years old

PPP Loan Search / MS / JACKSON / Magnolia lift truck parts, inc

MAGNOLIA LIFT TRUCK PARTS, INC

Date Approved

04/04/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

MAGNOLIA LIFT TRUCK PARTS, INC

Borrower Address

5428 ROBINSON ROAD EXT

Borrower City

JACKSON

Borrower State

MS

Borrower Zip

39204-4140

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

147200.00

Current Approval Amount

147200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39721

Servicing Lender Name

Merchants & Planters Bank

Servicing Lender Address

308 Raymond Sq

Servicing Lender City

RAYMOND

Servicing Lender State

MS

Servicing Lender Zip

39154

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

JACKSON

Project County Name

HINDS

Project State

MS

Project Zip

39204-4140

CD

MS-03

Jobs Reported

9

NAICS Code

333517

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

147200.00

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

Corporation

Originating Lender Location Id

39721

Originating Lender

Merchants & Planters Bank

Originating Lender City

RAYMOND

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

148034.13

Forgiveness Date

11/05/2020

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