Magnolia Processing INC
$500,600 PPP Loan in Tunica, Mississippi
Loan Details
- Loan Number
- 9132837010
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $500,600
- Current Approval
- $542,200
- Forgiveness Amount
- $545,432
- Forgiveness Date
- Feb 16, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Magnolia Processing INC
- Address
- 5255 Highway 4
- City
- Tunica
- State
- Mississippi
- ZIP Code
- 38676-6136
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Agriculture, Forestry, Fishing and Hunting (112519)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 379
- Estimated Revenue
- $62.0M
- Rural/Urban
- Rural
- Congressional District
- MS-02
Loan Use Breakdown
- Payroll
- $542,200
Lender Information
- Servicing Lender
- First National Bank of Clarksdale
- Originating Lender
- First National Bank of Clarksdale
Other PPP Loans in Tunica, MS
| Business | Approved | |
|---|---|---|
| Tunica Institute of Learning, Inc. | $183,477 |  Research |
| Tunica Institute of Learning, Inc. | $179,900 | Research |
| Battle Fish North | $172,300 | Research |
| Cypress Brake Planting Company | $141,200 | Research |
| Cypress Brake Planting Company | $141,200 | Research |
Want to research this company further?
Try NewBizBot free