PPP borrower record
MAGNOLIA TIMBER CO INC PPP loan record
Public SBA PPP loan record for MAGNOLIA TIMBER CO INC. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$66,282
Approved amount
N/A
Forgiven amount
2021-01-20
Date approved
Borrower and loan details
Borrower
MAGNOLIA TIMBER CO INC
Loan number
2332288304
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Wilmer
Borrower state
Alabama
Borrower ZIP
36587
Jobs reported
6
Loan status
Exemption 4
Forgiveness date
N/A
Servicing lender
Hancock Whitney Bank
Originating lender
Hancock Whitney Bank
Reported use of proceeds
Payroll
$66,279
Rent
N/A
Utilities
N/A
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.