Magnolia Business Systems, Inc.

$53,500 PPP Loan in Columbus, Mississippi

Loan Details

Loan Number
7008117010
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$53,500
Current Approval
$53,500
Forgiveness Amount
$53,849
Forgiveness Date
Dec 10, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Magnolia Business Systems, Inc.
Address
1540 Gardner Blvd
ZIP Code
39702-2802
Business Type
Cooperative
Industry (NAICS)
Wholesale Trade (423420)
Business Age
Existing or more than 2 years old
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MS-01

Loan Use Breakdown

Payroll
$53,500

Lender Information

Servicing Lender
Bank of Commerce
Originating Lender
Bank of Commerce

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