# PPP loan: MAGNOLIA ENERGY SERVICES LLC
> **$983K** approved 02/12/2021 · Paid in Full · Loan `7992508405`
## Borrower
- **Name:** MAGNOLIA ENERGY SERVICES LLC
- **Address:** 3616 Industrial Blvd, Laurel, MS, 39440-5839
- **NAICS:** 237210
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $983K
- **Initial approval:** $983K
- **Forgiven:** $994K (101%)
- **Forgiveness date:** 05/23/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $983K
- **Utilities:** $1
- **Jobs reported:** 89
## Lender
- **Originating:** Trustmark National Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*