MAGNOLIA LANE INC.

Summary of PPP (Paycheck Protection Program) Loan approved to MAGNOLIA LANE INC. by Progress Bank and Trust. The loan was approved on 4/04/2020 in the range of $150,000-350,000.

Business Information

Name:	MAGNOLIA LANE INC. 1920 WOODLANDS INDUSTRIAL DRIVE TRUSSVILLE, AL 35173
Business type:	Subchapter S Corporation Miscellaneous Store Retailers → Gift, Novelty, and Souvenir Stores
Non-profit:	No
Loan amount:	$150,000-350,000 (50 Jobs retained)
Date approved:	April 04, 2020
Lender	Progress Bank and Trust

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Note: Only loans exceeding $150,000 are displayed here. Businesses receiving PPP loans less than $150,000 are excluded. Additionally, borrowers that received PPP loans but have since return it, are also excluded.

The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $659 billion toward job retention and certain other expenses. Read more information about the Paycheck Protection Program or the CARES Act.