Magnolia River Transmission, LLC
$891,400 PPP Loan in Hartselle, Alabama
Loan Details
- Loan Number
- 8158967007
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $891,400
- Current Approval
- $891,400
- Forgiveness Amount
- $0
- Forgiveness Date
- N/A
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Magnolia River Transmission, LLC
- Address
- 711 Nance Ford Rd SW Suite E
- City
- Hartselle
- State
- Alabama
- ZIP Code
- 35640-3767
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (237130)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 400
- Estimated Revenue
- $124.0M
- Rural/Urban
- Rural
- Congressional District
- AL-05
Loan Use Breakdown
- Payroll
- $884,970
- Health Care
- $6,430
Lender Information
- Servicing Lender
- Peoples Bank of Alabama
- Originating Lender
- Peoples Bank of Alabama
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