PPP Loan information for Magnolia underground construction inc

$886,158

Magnolia underground construction inc was initially approved for PPP Loan of amount $886,158, the current approved amount is $886,158. The loan was approved on 01/21/2021 by The BankPlus reported 66 jobs and $886,158 was used to fund payroll.

Magnolia underground construction inc is Existing or more than 2 years old

PPP Loan Search / MS / Byhalia / Magnolia underground construction inc

MAGNOLIA UNDERGROUND CONSTRUCTION INC

Date Approved

01/21/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

MAGNOLIA UNDERGROUND CONSTRUCTION INC

Borrower Address

2898 Cayce Rd

Borrower City

Byhalia

Borrower State

MS

Borrower Zip

38611-8450

Loan Status Date

09/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

886158.30

Current Approval Amount

886158.30

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39099

Servicing Lender Name

BankPlus

Servicing Lender Address

202 E Jackson St

Servicing Lender City

BELZONI

Servicing Lender State

MS

Servicing Lender Zip

39038-3524

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Byhalia

Project County Name

MARSHALL

Project State

MS

Project Zip

38611-8450

CD

MS-01

Jobs Reported

66

NAICS Code

237110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

886152.30

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

39099

Originating Lender

BankPlus

Originating Lender City

BELZONI

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

891401.40

Forgiveness Date

08/24/2021

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