Date Approved
01/31/2021
SBA Office Code
0470
Processing Method
PPS
Borrower Name
MAGNOLIA LUMBER COMPANY
Borrower Address
1504 Stonewall Ln NW
Borrower City
Brookhaven
Borrower State
MS
Borrower Zip
39601-4444
Loan Status Date
02/19/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
91289.00
Current Approval Amount
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
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
LINCOLN
Project State
Project Zip
CD
MS-03
Jobs Reported
15
NAICS Code
321113
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
91287.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
39334
Originating Lender
Trustmark National Bank
Originating Lender City
JACKSON
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
92176.88
Forgiveness Date
01/28/2022