PPP Loan information for Magnolia trailers inc

$341,053

Magnolia trailers inc was initially approved for PPP Loan of amount $341,053, the current approved amount is $341,053. The loan was approved on 02/05/2021 by The Community Bank of Mississippi reported 27 jobs and $341,053 was used to fund payroll.

Magnolia trailers inc is Existing or more than 2 years old

PPP Loan Search / MS / Lucedale / Magnolia trailers inc

MAGNOLIA TRAILERS INC

Date Approved

02/05/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

MAGNOLIA TRAILERS INC

Borrower Address

144 Airport Cafe Cir

Borrower City

Lucedale

Borrower State

MS

Borrower Zip

39452-4732

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

341052.50

Current Approval Amount

341052.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39217

Servicing Lender Name

Community Bank of Mississippi

Servicing Lender Address

323 E Third St

Servicing Lender City

Forest

Servicing Lender State

MS

Servicing Lender Zip

39074-0059

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lucedale

Project County Name

GEORGE

Project State

MS

Project Zip

39452-4732

CD

MS-04

Jobs Reported

27

NAICS Code

336212

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

341052.50

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

39217

Originating Lender

Community Bank of Mississippi

Originating Lender City

Forest

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

343706.17

Forgiveness Date

11/22/2021

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