# PPP loan: MAGNOLIA UNDERGROUND CONSTRUCTION, INC.
> **$752K** approved 04/14/2020 · Paid in Full · Loan `6672867103`
## Borrower
- **Name:** MAGNOLIA UNDERGROUND CONSTRUCTION, INC.
- **Address:** 2898 CAYCE RD, BYHALIA, MS, 38611-8450
- **NAICS:** 237110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $752K
- **Initial approval:** $752K
- **Forgiven:** $756K (100%)
- **Forgiveness date:** 11/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $723K
- **Health care:** $29K
- **Jobs reported:** 56
## Lender
- **Originating:** BankPlus
- **Servicing:** BankPlus (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*