Magnolia Linen Inc.
$110,854 PPP Loan in Gibsonville, North Carolina
Loan Details
- Loan Number
- 3189148505
- Date Approved
- Feb 23, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $110,854
- Current Approval
- $110,854
- Forgiveness Amount
- $111,996
- Forgiveness Date
- Mar 8, 2022
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Magnolia Linen Inc.
- Address
- 106 East Rail Road Ave Bld O
- City
- Gibsonville
- State
- North Carolina
- ZIP Code
- 27249
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Other Services (except Public Administration) (812332)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 14
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- NC-06
Loan Use Breakdown
- Payroll
- $110,850
- Utilities
- $1
Lender Information
- Servicing Lender
- Truist Bank
- Originating Lender
- Truist Bank
Other PPP Loans in Gibsonville, NC
| Business | Approved | |
|---|---|---|
| Jcc Structures INC | $396,490 | |
| Edward V. Anderson | $149,200 | |
| Elc Group LLC | $136,900 | |
| Elc Group, LLC | $136,900 | |
| Wades Jewelers INC | $136,500 |
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