MAGNOLIA BEVERAGE COMPANY INC

Summary of PPP (Paycheck Protection Program) Loan approved to MAGNOLIA BEVERAGE COMPANY INC by BankPlus. The loan was approved on 4/10/2020 in the range of $350,000-1 million.

Business Information

Name:	MAGNOLIA BEVERAGE COMPANY INC 2668 SAINT ANDREWS ST MERIDIAN, MS 39301
Business type:	Corporation Merchant Wholesalers, Nondurable Goods → Beer and Ale Merchant Wholesalers
Non-profit:	No
Loan amount:	$350,000-1 million (50 Jobs retained)
Date approved:	April 10, 2020
Lender	BankPlus

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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.