Magnolia Underground Construction, Inc.

$751,900 PPP Loan in Byhalia, Mississippi

Loan Details

Loan Number
6672867103
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$751,900
Current Approval
$751,900
Forgiveness Amount
$755,572
Forgiveness Date
Nov 30, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Magnolia Underground Construction, Inc.
Address
2898 Cayce Rd
ZIP Code
38611-8450
Business Type
Corporation
Industry (NAICS)
Construction (237110)
Business Age
Existing or more than 2 years old
Jobs Reported
56
Estimated Revenue
$17.4M
Rural/Urban
Rural
Congressional District
MS-01

Loan Use Breakdown

Payroll
$722,900
Health Care
$29,000

Lender Information

Servicing Lender
Bankplus
Originating Lender
Bankplus

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