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MAGNOLIA TOOLS & EQUIPMENT, LLC

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Company Details

Name: MAGNOLIA TOOLS & EQUIPMENT, LLC
Jurisdiction: MISSISSIPPI
Business Type: Limited Liability Company
Status: Good Standing
Effective Date: 05 Aug 2019 (6 years ago)
Business ID: 1185209
ZIP code: 38901
County: Grenada
State of Incorporation: MISSISSIPPI
Principal Office Address: 640 Old Hickory RoadGrenada, MS 38901

Organizer

Name Role Address
Derek Thornburg Organizer 640 Old Hickory Rd., Grenada, MS 38901

Manager

Name Role Address
Derek Thornburg Manager 640 Old Hickory Rd., Grenada, MS 38901

Agent

Name Role Address
Thomas A. Byrne, Jr. CPA Agent 111 East Washington Street, Houston, MS 38851

Filings

Type Status Filed Date Description
Annual Report LLC Filed 2024-01-24 Annual Report For MAGNOLIA TOOLS & EQUIPMENT, LLC
Annual Report LLC Filed 2023-01-26 Annual Report For MAGNOLIA TOOLS & EQUIPMENT, LLC
Amendment Form Filed 2022-08-24 Amendment For MAGNOLIA TOOLS & EQUIPMENT, LLC
Annual Report LLC Filed 2022-04-15 Annual Report For MAGNOLIA TOOLS & EQUIPMENT, LLC
Reinstatement Filed 2021-03-03 Reinstatement For MAGNOLIA TOOLS & EQUIPMENT, LLC
Admin Dissolution Filed 2020-11-27 Action of MAGNOLIA TOOLS & EQUIPMENT, LLC: AR
Notice to Dissolve/Revoke Filed 2020-08-28 Notice to Dissolve/Revoke
Formation Form Filed 2019-08-05 Formation For MAGNOLIA TOOLS & EQUIPMENT, LLC

USAspending Awards / Financial Assistance

Date:
2021-04-12
Awarding Agency Name:
Small Business Administration
Transaction Description:
TO AID SMALL BUSINESSES IN MAINTAINING WORK FORCE DURING COVID-19 PANDEMIC.
Obligated Amount:
0.00
Face Value Of Loan:
20833.32
Total Face Value Of Loan:
20833.32

Paycheck Protection Program

Jobs Reported:
1
Initial Approval Amount:
$20,833.32
Date Approved:
2021-04-11
Loan Status:
Paid in Full
SBA Guaranty Percentage:
100
Current Approval Amount:
$20,833.32
Race:
Unanswered
Ethnicity:
Not Hispanic or Latino
Gender:
Male Owned
Veteran:
Non-Veteran
Forgiveness Amount:
$20,954.85
Servicing Lender:
BankPlus
Use of Proceeds:
Payroll: $20,831.32
Utilities: $1

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Date of last update: 07 Jul 2025

Sources: Company Profile on Mississippi Secretary of State Website