Magnolia Steel Erectors LLC

$114,400 PPP Loan in Jayess, Mississippi

Loan Details

Loan Number
7501797008
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$114,400
Current Approval
$114,400
Forgiveness Amount
$115,337
Forgiveness Date
Feb 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Magnolia Steel Erectors LLC
Address
505 Mannings Crossing Rd
City
Jayess
ZIP Code
39641-8309
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (236220)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
$13.7M
Rural/Urban
Rural
Congressional District
MS-03

Loan Use Breakdown

Payroll
$107,919
Rent
$3,000
Utilities
$900
Health Care
$2,581

Lender Information

Servicing Lender
Citizens Bank
Originating Lender
Citizens Bank

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