Magnolia Electric Co

$331,725 PPP Loan in Flowood, Mississippi

Loan Details

Loan Number
7232218507
Date Approved
Mar 5, 2021
Loan Status
Paid in Full
Initial Approval
$331,725
Current Approval
$331,725
Forgiveness Amount
$333,788
Forgiveness Date
Oct 25, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Magnolia Electric Co
Address
23 Old Highway 49 S
ZIP Code
39232-4317
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
$6.3M
Rural/Urban
Rural
Congressional District
MS-03

Loan Use Breakdown

Payroll
$331,725

Lender Information

Servicing Lender
Regions Bank
Originating Lender
Regions Bank

Other PPP Loans in Flowood, MS

BusinessApproved
Southern Electric Corporation of Mississippi$7,034,200NewBizBotAI Deep Dive
Puckett Machinery Company$5,478,400NewBizBotAI Deep Dive
Gastrointestinal Associates, PA$5,004,600NewBizBotAI Deep Dive
Jjb Pizza, LLC$2,900,700NewBizBotAI Deep Dive
Mmi Dining Systems LLC$2,000,000NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free