Magnolia College of Cosmetology

$88,472 PPP Loan in Jackson, Mississippi

Loan Details

Loan Number
6069207110
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$88,472
Current Approval
$88,472
Forgiveness Amount
$89,261
Forgiveness Date
Mar 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Magnolia College of Cosmetology
Address
4725 I 55 N
ZIP Code
39206-5602
Business Type
Subchapter S Corporation
Industry (NAICS)
Educational Services (611511)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MS-02

Loan Use Breakdown

Payroll
$70,778
Utilities
$8,847
Mortgage Interest
$8,847

Lender Information

Servicing Lender
The Citizens National Bank of Meridian
Originating Lender
The Citizens National Bank of Meridian

Other PPP Loans in Jackson, MS

BusinessApproved
Neel Schaffer, INC$6,897,100NewBizBotAI Deep Dive
Delta Industries, Inc.$4,370,100NewBizBotAI Deep Dive
St. Dominic Medical Associates, LLC$4,297,530NewBizBotAI Deep Dive
Millsaps College$3,842,720NewBizBotAI Deep Dive
Central Mississippi Civic Improvement Association Incorporat$3,391,819NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free