Magnolia Pulpwood Company LLC

$58,600 PPP Loan in Haynesville, Louisiana

Loan Details

Loan Number
5000367109
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$58,600
Current Approval
$58,600
Forgiveness Amount
$58,940
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Magnolia Pulpwood Company LLC
Address
1920 Dawson Dr
ZIP Code
71038-4910
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (113310)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
LA-04

Loan Use Breakdown

Payroll
$43,950
Utilities
$4,000
Health Care
$10,650

Lender Information

Servicing Lender
Gibsland Bank & Trust Company
Originating Lender
Gibsland Bank & Trust Company

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