PPP borrower record
MAGNOLIA LINEN INC. PPP loan record
Public SBA PPP loan record for MAGNOLIA LINEN INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$110,854
Approved amount
N/A
Forgiven amount
2021-02-23
Date approved
Borrower and loan details
Borrower
MAGNOLIA LINEN INC.
Loan number
3189148505
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Gibsonville
Borrower state
North Carolina
Borrower ZIP
27249
Jobs reported
14
Loan status
Exemption 4
Forgiveness date
N/A
Servicing lender
Truist Bank d/b/a Branch Banking & Trust Co
Originating lender
Truist Bank d/b/a Branch Banking & Trust Co
Reported use of proceeds
Payroll
$110,850
Rent
N/A
Utilities
$1
Mortgage interest
N/A
Health care
N/A
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.