Magnolia Construction LLC

$355,400 PPP Loan in Winston Salem, North Carolina

Loan Details

Loan Number
9459517010
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$355,400
Current Approval
$355,400
Forgiveness Amount
$357,819
Forgiveness Date
Dec 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Magnolia Construction LLC
Address
514 Stratford Rd
ZIP Code
27103-1889
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (236220)
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
$29.6M
Rural/Urban
Urban
Congressional District
NC-05

Loan Use Breakdown

Payroll
$355,400

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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