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MAGNOLIA ELECTRIC CO

Company Details

Name: MAGNOLIA ELECTRIC CO
Jurisdiction: MISSISSIPPI
Business Type: Profit Corporation
Status: Good Standing
Effective Date: 12 Feb 1996 (29 years ago)
Business ID: 626840
ZIP code: 39232
County: Rankin
State of Incorporation: MISSISSIPPI
Principal Office Address: 23 Old Highway 49 ExtensionFlowood, MS 39232

Agent

Name Role Address
BOBBY W ANDERSON Agent 1171 GUNTER RD, FLORENCE, MS 39073

Incorporator

Name Role Address
Frank R. Banks Ii Incorporator 109 Hunters Oak Place, Brandon, MS 39042
Bobby W. Anderson Incorporator 1171 Gunter Road, Florence, MS 39073

Director

Name Role Address
Bobby W Anderson Director 112 Port Lane, Brandon, MS 39047

President

Name Role Address
Bobby W Anderson President 112 Port Lane, Brandon, MS 39047

Filings

Type Status Filed Date Description
Annual Report Filed 2025-01-28 Annual Report For MAGNOLIA ELECTRIC CO
Annual Report Filed 2024-02-23 Annual Report For MAGNOLIA ELECTRIC CO
Annual Report Filed 2023-02-14 Annual Report For MAGNOLIA ELECTRIC CO
Annual Report Filed 2022-05-06 Annual Report For MAGNOLIA ELECTRIC CO
Annual Report Filed 2021-01-26 Annual Report For MAGNOLIA ELECTRIC CO
Annual Report Filed 2020-03-10 Annual Report For MAGNOLIA ELECTRIC CO
Annual Report Filed 2019-04-08 Annual Report For MAGNOLIA ELECTRIC CO
Annual Report Filed 2018-02-21 Annual Report For MAGNOLIA ELECTRIC CO
Annual Report Filed 2017-01-25 Annual Report For MAGNOLIA ELECTRIC CO
Registered Agent Change of Address Filed 2016-02-17 Agent Address Change For BOBBY W ANDERSON

OSHA's Inspections within Industry

Inspection Nr Report ID Date Opened Site Address
313630386 0419400 2010-04-08 1325 E. FORTIFICATION ST., JACKSON, MS, 39202
Inspection Type Planned
Scope Complete
Safety/Health Safety
Close Conference 2010-04-08
Emphasis L: FALL, S: STRUCK-BY, S: FALL FROM HEIGHT, S: COMMERCIAL CONSTR, S: ELECTRICAL
Case Closed 2010-05-03

Violation Items

Citation ID 01001
Citaton Type Serious
Standard Cited 19260501 B03
Issuance Date 2010-04-14
Abatement Due Date 2010-05-03
Current Penalty 525.0
Initial Penalty 525.0
Nr Instances 1
Nr Exposed 1
Gravity 05

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
7232218507 2021-03-05 0470 PPS 23 Old Highway 49 S, Flowood, MS, 39232-4317
Loan Status Date 2021-11-06
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 331725
Loan Approval Amount (current) 331725
Undisbursed Amount 0
Franchise Name -
Lender Location ID 2408
Servicing Lender Name Regions Bank
Servicing Lender Address 1900 Fifth Avenue North, BIRMINGHAM, AL, 35203
Rural or Urban Indicator R
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address Flowood, RANKIN, MS, 39232-4317
Project Congressional District MS-03
Number of Employees 19
NAICS code 238210
Borrower Race American Indian or Alaska Native
Borrower Ethnicity Not Hispanic or Latino
Business Type Corporation
Originating Lender ID 2408
Originating Lender Name Regions Bank
Originating Lender Address BIRMINGHAM, AL
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount 333788.06
Forgiveness Paid Date 2021-10-25
2952737204 2020-04-16 0470 PPP 23 OLD HIGHWAY 49 S, Flowood, MS, 39232-4317
Loan Status Date 2020-12-16
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 310900
Loan Approval Amount (current) 310900
Undisbursed Amount 0
Franchise Name -
Lender Location ID 2408
Servicing Lender Name Regions Bank
Servicing Lender Address 1900 Fifth Avenue North, BIRMINGHAM, AL, 35203
Rural or Urban Indicator R
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address Flowood, RANKIN, MS, 39232-4317
Project Congressional District MS-03
Number of Employees 21
NAICS code 238210
Borrower Race American Indian or Alaska Native
Borrower Ethnicity Not Hispanic or Latino
Business Type Corporation
Originating Lender ID 2408
Originating Lender Name Regions Bank
Originating Lender Address BIRMINGHAM, AL
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount 312688.74
Forgiveness Paid Date 2020-11-23

Date of last update: 16 Mar 2025

Sources: Mississippi Secretary of State