PPP Loan information for Magnolia transportation, inc.

$99,735

Magnolia transportation, inc. was initially approved for PPP Loan of amount $99,735, the current approved amount is $99,735. The loan was approved on 04/29/2020 by The BankOkolona reported 10 jobs and $99,735 was used to fund payroll.

Magnolia transportation, inc. is Existing or more than 2 years old

MAGNOLIA TRANSPORTATION, INC.

Date Approved

04/29/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

MAGNOLIA TRANSPORTATION, INC.

Borrower Address

544 COUNTY ROAD 413

Borrower City

HOULKA

Borrower State

MS

Borrower Zip

38850-7316

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

99735.29

Current Approval Amount

99735.29

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39656

Servicing Lender Name

BankOkolona

Servicing Lender Address

227 W Main St

Servicing Lender City

OKOLONA

Servicing Lender State

MS

Servicing Lender Zip

38860-1427

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOULKA

Project County Name

CHICKASAW

Project State

MS

Project Zip

38850-7316

CD

MS-01

Jobs Reported

10

NAICS Code

484121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

99735.29

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

39656

Originating Lender

BankOkolona

Originating Lender City

OKOLONA

Originating Lender State

MS

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

100631.54

Forgiveness Date

03/30/2021

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