Magnolia Underground Construction INC

$886,158 PPP Loan in Byhalia, Mississippi

Loan Details

Loan Number
3303778304
Date Approved
Jan 21, 2021
Loan Status
Paid in Full
Initial Approval
$886,158
Current Approval
$886,158
Forgiveness Amount
$891,401
Forgiveness Date
Aug 24, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Magnolia Underground Construction INC
Address
2898 Cayce Rd
ZIP Code
38611-8450
Business Type
Corporation
Industry (NAICS)
Construction (237110)
Business Age
Existing or more than 2 years old
Jobs Reported
66
Estimated Revenue
$20.5M
Rural/Urban
Rural
Congressional District
MS-01

Loan Use Breakdown

Payroll
$886,152
Utilities
$1

Lender Information

Servicing Lender
Bankplus
Originating Lender
Bankplus

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