Magnolia Vegetable Processors, LLC

$120,000 PPP Loan in Brundidge, Alabama

Loan Details

Loan Number
4387527108
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$120,000
Current Approval
$120,000
Forgiveness Amount
$122,910
Forgiveness Date
Sep 16, 2022
Term
24 months
Draw
First Draw

Business Information

Business Name
Magnolia Vegetable Processors, LLC
Address
1111 Magnolia Blvd
State
Alabama
ZIP Code
36010-0010
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (115114)
Business Age
Existing or more than 2 years old
Jobs Reported
23
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
AL-02

Loan Use Breakdown

Payroll
$120,000

Lender Information

Servicing Lender
Troy Bank & Trust Company
Originating Lender
Troy Bank & Trust Company

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