Magnolia Timber Co INC

$66,282 PPP Loan in Wilmer, Alabama

Loan Details

Loan Number
2332288304
Date Approved
Jan 20, 2021
Loan Status
Paid in Full
Initial Approval
$66,282
Current Approval
$66,282
Forgiveness Amount
$67,068
Forgiveness Date
Mar 30, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Magnolia Timber Co INC
Address
450 State Line Rd S
City
Wilmer
State
Alabama
ZIP Code
36587-2001
Business Type
Subchapter S Corporation
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (113310)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
AL-01

Loan Use Breakdown

Payroll
$66,279

Lender Information

Servicing Lender
Hancock Whitney Bank
Originating Lender
Hancock Whitney Bank

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