Magnolia Business Systems INC

$53,510 PPP Loan in Columbus, Mississippi

Loan Details

Loan Number
3609678410
Date Approved
Feb 5, 2021
Loan Status
Paid in Full
Initial Approval
$53,510
Current Approval
$53,510
Forgiveness Amount
$54,098
Forgiveness Date
Mar 17, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Magnolia Business Systems INC
Address
1540 Gardner Blvd
ZIP Code
39702-2802
Business Type
Cooperative
Industry (NAICS)
Wholesale Trade (423420)
Business Age
Existing or more than 2 years old
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MS-01

Loan Use Breakdown

Payroll
$53,508
Utilities
$1

Lender Information

Servicing Lender
Bank of Commerce
Originating Lender
Bank of Commerce

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