PPP borrower record

MAGNOLIA LIGHTING INC PPP loan record

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

$577,100
Approved amount
$580,547
Forgiven amount
2020-04-06
Date approved

Borrower and loan details

Borrower
MAGNOLIA LIGHTING INC
Loan number
6393007002
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Hernando
Borrower state
Mississippi
Borrower ZIP
38632
Jobs reported
50
Loan status
Paid in Full
Forgiveness date
2020-11-12
Servicing lender
BankPlus
Originating lender
BankPlus

Reported use of proceeds

Payroll
$461,678
Rent
$58,000
Utilities
$22,522
Mortgage interest
N/A
Health care
$30,000
Debt interest
$4,900

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.