PPP borrower record
MAGNOLIA STEEL CO INC PPP loan record
Public SBA PPP loan record for MAGNOLIA STEEL CO INC. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$1,027,600
Approved amount
$1,035,539
Forgiven amount
2020-04-06
Date approved
Borrower and loan details
Borrower
MAGNOLIA STEEL CO INC
Loan number
6447627007
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Meridian
Borrower state
Mississippi
Borrower ZIP
39301
Jobs reported
92
Loan status
Paid in Full
Forgiveness date
2021-01-25
Servicing lender
Community Bank of Mississippi
Originating lender
Community Bank of Mississippi
Reported use of proceeds
Payroll
$745,200
Rent
N/A
Utilities
$144,500
Mortgage interest
N/A
Health care
$137,900
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.