# PPP loan: MAGNOLIA ESTATES OF VICKSBURG, INC
> **$235K** approved 04/09/2020 · Paid in Full · Loan `8949227004`
## Borrower
- **Name:** MAGNOLIA ESTATES OF VICKSBURG, INC
- **Address:** 1333 HIGHWAY 61 S, VICKSBURG, MS, 39180-7688
- **NAICS:** 453930
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $235K
- **Initial approval:** $235K
- **Forgiven:** $236K (101%)
- **Forgiveness date:** 11/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $188K
- **Mortgage interest:** $23K
- **Utilities:** $23K
- **Jobs reported:** 17
## Lender
- **Originating:** The Citizens National Bank of Meridian
- **Servicing:** The Citizens National Bank of Meridian (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*