# PPP loan: MAGNOLIA CONSTRUCTION LLC
> **$355K** approved 04/09/2020 · Paid in Full · Loan `9459517010`
## Borrower
- **Name:** MAGNOLIA CONSTRUCTION LLC
- **Address:** 514 STRATFORD RD, WINSTON SALEM, NC, 27103-1889
- **NAICS:** 236220
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $355K
- **Initial approval:** $355K
- **Forgiven:** $358K (101%)
- **Forgiveness date:** 12/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $355K
- **Jobs reported:** 26
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*