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
Other PPP Loans in Wilmer, AL
| Business | Approved | |
|---|---|---|
| Gulf Hauling & Construction, Inc. | $648,400 | |
| James R. Fincher Timber Company, Inc. | $545,559 | |
| Fiber Transport Company, Inc. | $319,000 | |
| Quick Shot Trucking INC | $284,000 | |
| Fincher Trucking, LLC | $263,400 |
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