PPP borrower record

MAGNOLIA BEVERAGE COMPANY INC PPP loan record

Public SBA PPP loan record for MAGNOLIA BEVERAGE COMPANY INC. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$412,100
Approved amount
$415,202
Forgiven amount
2020-04-10
Date approved

Borrower and loan details

Borrower
MAGNOLIA BEVERAGE COMPANY INC
Loan number
1835717107
Business type
Corporation
Business age
Existing or more than 2 years old
Borrower city
Meridian
Borrower state
Mississippi
Borrower ZIP
39301
Jobs reported
56
Loan status
Paid in Full
Forgiveness date
2021-01-12
Servicing lender
BankPlus
Originating lender
BankPlus

Reported use of proceeds

Payroll
$341,100
Rent
$27,000
Utilities
$12,000
Mortgage interest
N/A
Health care
$32,000
Debt interest
N/A

Location pages

Related directories

Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.