Magnolia Steel of Natchitoches INC

$125,520 PPP Loan in Natchitoches, Louisiana

Loan Details

Loan Number
3283428404
Date Approved
Feb 4, 2021
Loan Status
Paid in Full
Initial Approval
$125,520
Current Approval
$125,520
Forgiveness Amount
$126,758
Forgiveness Date
Jan 28, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Magnolia Steel of Natchitoches INC
Address
148 Highway 117
ZIP Code
71457-7006
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423510)
Business Age
Existing or more than 2 years old
Jobs Reported
28
Estimated Revenue
$8.6M
Rural/Urban
Rural
Congressional District
LA-04

Loan Use Breakdown

Payroll
$125,517
Utilities
$1

Lender Information

Servicing Lender
Bom Bank
Originating Lender
Bom Bank

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