Magnolia Drugs, Inc.

$29,200 PPP Loan in Myrtle, Mississippi

Loan Details

Loan Number
7079947205
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$29,200
Current Approval
$29,200
Forgiveness Amount
$29,406
Forgiveness Date
Jan 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Magnolia Drugs, Inc.
Address
1757 State Road 178, Suite B
City
Myrtle
ZIP Code
38650-9233
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (446110)
Business Age
New Business or 2 years or less
Jobs Reported
2
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MS-01

Loan Use Breakdown

Payroll
$23,360
Utilities
$2,920
Mortgage Interest
$2,920

Lender Information

Servicing Lender
The Peoples Bank
Originating Lender
The Peoples Bank

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