Current business record

MAGNOLIA ELECTRIC CO

We found 2 public loan records at or above $150,000 in the current SBA release.

This is a historical government-data listing. It does not establish wrongdoing, eligibility, forgiveness, or the final amount disbursed.

Loan 1

$150,000–350,000
Filed business name
MAGNOLIA ELECTRIC CO
Approval date
Mar 5, 2021
Initial approval amount
$331,725.00
Current approval amount
$331,725.00
Loan status
Paid in Full (Nov 6, 2021)
Forgiveness amount
$333,788.06
Jobs reported
19
Address
23 Old Highway 49 S
Flowood, MS 39232-4317
Lender
Regions Bank
NAICS code
238210
Business type
Corporation
Congressional district
MS-03

Loan 2

$150,000–350,000
Filed business name
MAGNOLIA ELECTRIC CO
Approval date
Apr 16, 2020
Initial approval amount
$310,900.00
Current approval amount
$310,900.00
Loan status
Paid in Full (Dec 16, 2020)
Forgiveness amount
$312,688.74
Jobs reported
21
Address
23 OLD HIGHWAY 49 S
Flowood, MS 39232-4317
Lender
Regions Bank
NAICS code
238210
Business type
Corporation
Congressional district
MS-03