PPP borrower record

MAGNOLIA DRUGS, INC. PPP loan record

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

$29,200
Approved amount
$29,406
Forgiven amount
2020-04-28
Date approved

Borrower and loan details

Borrower
MAGNOLIA DRUGS, INC.
Loan number
7079947205
Business type
Subchapter S Corporation
Business age
New Business or 2 years or less
Borrower city
Myrtle
Borrower state
Mississippi
Borrower ZIP
38650
Jobs reported
2
Loan status
Paid in Full
Forgiveness date
2021-01-12
Servicing lender
The Peoples Bank
Originating lender
The Peoples Bank

Reported use of proceeds

Payroll
$23,360
Rent
N/A
Utilities
$2,920
Mortgage interest
$2,920
Health care
N/A
Debt interest
N/A

Location pages

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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.
MAGNOLIA DRUGS, INC. PPP Loan Record | PPP Loan Map