# PPP loan: MAGNOLIA DREDGE & DOCK LLC
> **$464K** approved 02/06/2021 · Paid in Full · Loan `4722458410`
## Borrower
- **Name:** MAGNOLIA DREDGE & DOCK LLC
- **Address:** 1730 Orleans St, Mandeville, LA, 70448-3951
- **NAICS:** 237990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $464K
- **Initial approval:** $464K
- **Forgiven:** $469K (101%)
- **Forgiveness date:** 02/14/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $464K
- **Utilities:** $1
- **Jobs reported:** 26
## 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*