PPP Loan information for Magnolia lumber company

$91,200

Magnolia lumber company was initially approved for PPP Loan of amount $91,200, the current approved amount is $91,200. The loan was approved on 04/10/2020 by The Trustmark National Bank reported 15 jobs and $91,200 was used to fund payroll.

Magnolia lumber company is Existing or more than 2 years old

PPP Loan Search / MS / FERNWOOD / Magnolia lumber company

MAGNOLIA LUMBER COMPANY

Date Approved

04/10/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

MAGNOLIA LUMBER COMPANY

Borrower Address

P O Box 29

Borrower City

FERNWOOD

Borrower State

MS

Borrower Zip

39635-0029

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

91200.00

Current Approval Amount

91200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39334

Servicing Lender Name

Trustmark National Bank

Servicing Lender Address

248 E Capitol St

Servicing Lender City

JACKSON

Servicing Lender State

MS

Servicing Lender Zip

39201-2503

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FERNWOOD

Project County Name

PIKE

Project State

MS

Project Zip

39635-0029

CD

MS-03

Jobs Reported

15

NAICS Code

321113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

91200.00

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

Subchapter S Corporation

Originating Lender Location Id

39334

Originating Lender

Trustmark National Bank

Originating Lender City

JACKSON

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

91954.93

Forgiveness Date

02/09/2021

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