PPP Loan information for Magnolia grain co., inc.

$41,500

Magnolia grain co., inc. was initially approved for PPP Loan of amount $41,500, the current approved amount is $41,500. The loan was approved on 04/10/2020 by The Bank of Lake Village reported 8 jobs and $41,500 was used to fund payroll.

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

PPP Loan Search / MS / CARY / Magnolia grain co., inc.

MAGNOLIA GRAIN CO., INC.

Date Approved

04/10/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

MAGNOLIA GRAIN CO., INC.

Borrower Address

11182 HIGHWAY 61

Borrower City

CARY

Borrower State

MS

Borrower Zip

39054-4960

Loan Status Date

04/23/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41500.00

Current Approval Amount

41500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4465

Servicing Lender Name

Bank of Lake Village

Servicing Lender Address

201 Main St

Servicing Lender City

LAKE VILLAGE

Servicing Lender State

AR

Servicing Lender Zip

71653-1900

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CARY

Project County Name

SHARKEY

Project State

MS

Project Zip

39054-4960

CD

MS-02

Jobs Reported

8

NAICS Code

111110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

41500.00

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

4465

Originating Lender

Bank of Lake Village

Originating Lender City

LAKE VILLAGE

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

41757.07

Forgiveness Date

11/27/2020

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