Magnolia Beverage Company INC
$412,100 PPP Loan in Meridian, Mississippi
Loan Details
- Loan Number
- 1835717107
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $412,100
- Current Approval
- $412,100
- Forgiveness Amount
- $415,202
- Forgiveness Date
- Jan 12, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Magnolia Beverage Company INC
- Address
- 2668 Saint Andrews St
- City
- Meridian
- State
- Mississippi
- ZIP Code
- 39301-6468
- Business Type
- Corporation
- Industry (NAICS)
- Wholesale Trade (424810)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 56
- Estimated Revenue
- $14.4M
- Rural/Urban
- Rural
- Congressional District
- MS-03
Loan Use Breakdown
- Payroll
- $341,100
- Rent
- $27,000
- Utilities
- $12,000
- Health Care
- $32,000
Lender Information
- Servicing Lender
- Bankplus
- Originating Lender
- Bankplus
Other PPP Loans in Meridian, MS
| Business | Approved | |
|---|---|---|
| East Mississippi Electric Power Association | $2,761,500 |  Research |
| Hotel & Restaurant Supply | $2,680,300 | Research |
| Structural Steel Services, INC | $2,536,880 | Research |
| Van Zyverden Inc. | $2,379,300 | Research |
| A&b Electric Co. Inc. | $1,556,440 | Research |
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