Magnolia Trailers INC

$351,300 PPP Loan in Lucedale, Mississippi

Loan Details

Loan Number
6529347108
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$351,300
Current Approval
$351,300
Forgiveness Amount
$354,014
Forgiveness Date
Jan 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Magnolia Trailers INC
Address
144 Airport Cafe Cir
ZIP Code
39452-4732
Business Type
Corporation
Industry (NAICS)
Manufacturing (336212)
Business Age
Existing or more than 2 years old
Jobs Reported
28
Estimated Revenue
$7.3M
Rural/Urban
Rural
Congressional District
MS-04

Loan Use Breakdown

Payroll
$282,700
Utilities
$53,100
Health Care
$15,500

Lender Information

Servicing Lender
Community Bank of Mississippi
Originating Lender
Community Bank of Mississippi

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