# PPP loan: MAGNOLIA CONSTRUCTION LLC
> **$285K** approved 02/04/2021 · Paid in Full · Loan `3152448410`
## Borrower
- **Name:** MAGNOLIA CONSTRUCTION LLC
- **Address:** 514 S Stratford Rd Ste 140, Winston Salem, NC, 27103-1889
- **NAICS:** 236220
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $285K
- **Initial approval:** $285K
- **Forgiven:** $287K (101%)
- **Forgiveness date:** 12/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $285K
- **Jobs reported:** 25
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*