# PPP loan: MAGNOLIA TRAILERS INC
> **$341K** approved 02/05/2021 · Paid in Full · Loan `4036288407`
## Borrower
- **Name:** MAGNOLIA TRAILERS INC
- **Address:** 144 Airport Cafe Cir, Lucedale, MS, 39452-4732
- **NAICS:** 336212
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $341K
- **Initial approval:** $341K
- **Forgiven:** $344K (101%)
- **Forgiveness date:** 11/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $341K
- **Jobs reported:** 27
## Lender
- **Originating:** Community Bank of Mississippi
- **Servicing:** Community Bank of Mississippi (MS)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*