Magnolia Energy Services LLC

$982,537 PPP Loan in Laurel, Mississippi

Loan Details

Loan Number
7992508405
Date Approved
Feb 12, 2021
Loan Status
Paid in Full
Initial Approval
$982,537
Current Approval
$982,537
Forgiveness Amount
$994,112
Forgiveness Date
May 23, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Magnolia Energy Services LLC
Address
3616 Industrial Blvd
City
Laurel
ZIP Code
39440-5839
Business Type
Partnership
Industry (NAICS)
Construction (237210)
Business Age
Existing or more than 2 years old
Jobs Reported
89
Estimated Revenue
$27.6M
Rural/Urban
Rural
Congressional District
MS-04

Loan Use Breakdown

Payroll
$982,536
Utilities
$1

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Trustmark National Bank

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