Magnolia Logistics INC
$1,093,400 PPP Loan in Fords, New Jersey
Loan Details
- Loan Number
- 6129557200
- Date Approved
- Apr 27, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,093,400
- Current Approval
- $1,093,400
- Forgiveness Amount
- $1,106,910
- Forgiveness Date
- Aug 2, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Magnolia Logistics INC
- Address
- 847 King George Road
- City
- Fords
- State
- New Jersey
- ZIP Code
- 08863
- Business Type
- Corporation
- Industry (NAICS)
- Transportation and Warehousing (484121)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 69
- Estimated Revenue
- $13.9M
- Rural/Urban
- Urban
- Congressional District
- NJ-06
Loan Use Breakdown
- Payroll
- $1,093,400
Lender Information
- Servicing Lender
- Loan Source Incorporated
- Originating Lender
- Peapack-Gladstone Bank
Other PPP Loans in Fords, NJ
| Business | Approved | |
|---|---|---|
| Zack Painting Company, Inc. | $2,131,972 | |
| Zack Painting Company Inc. | $1,995,000 | |
| Green Field Construction Group | $688,852 | |
| Framan Mechanical INC | $441,550 | |
| Framan Mechanical INC | $441,500 |
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