Magnolia Lane Inc.
$317,000 PPP Loan in Trussville, Alabama
Loan Details
- Loan Number
- 4690777007
- Date Approved
- Apr 4, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $317,000
- Current Approval
- $317,000
- Forgiveness Amount
- $320,751
- Forgiveness Date
- Jun 15, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Magnolia Lane Inc.
- Address
- 1920 Woodlands Industrial Drive
- City
- Trussville
- State
- Alabama
- ZIP Code
- 35173-3128
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (453220)
- Business Age
- New Business or 2 years or less
- Jobs Reported
- 9
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- AL-06
Loan Use Breakdown
- Payroll
- $317,000
Lender Information
- Servicing Lender
- United Community Bank
- Originating Lender
- United Community Bank
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