Magnolia Funeral Home INC

$70,200 PPP Loan in Corinth, Mississippi

Loan Details

Loan Number
5387957004
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$70,200
Current Approval
$70,200
Forgiveness Amount
$70,762
Forgiveness Date
Jan 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Magnolia Funeral Home INC
Address
2024 Hwy 72 E Annex
ZIP Code
38834
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (812210)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MS-01

Loan Use Breakdown

Payroll
$56,160
Utilities
$7,020
Mortgage Interest
$7,020

Lender Information

Servicing Lender
Farmers and Merchants Bank
Originating Lender
Farmers and Merchants Bank

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