Magnolia Fleet LLC

$2,000,000 PPP Loan in Metairie, Louisiana

Loan Details

Loan Number
6398388300
Date Approved
Jan 27, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,019,778
Forgiveness Date
Jan 21, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Magnolia Fleet LLC
Address
3000 Ridgelake Dr
ZIP Code
70002-4948
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Transportation and Warehousing (488320)
Business Age
Existing or more than 2 years old
Jobs Reported
150
Estimated Revenue
$11.7M
Rural/Urban
Urban
Congressional District
LA-01

Loan Use Breakdown

Payroll
$1,999,997

Lender Information

Servicing Lender
Hancock Whitney Bank
Originating Lender
Hancock Whitney Bank

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