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MAGNOLIA BUSINESS SYSTEMS, INC.

Company Details

Name: MAGNOLIA BUSINESS SYSTEMS, INC.
Jurisdiction: MISSISSIPPI
Business Type: Profit Corporation
Status: Good Standing
Effective Date: 19 Oct 1999 (26 years ago)
Business ID: 677975
ZIP code: 39702
County: Lowndes
State of Incorporation: MISSISSIPPI
Principal Office Address: 1540 Gardner BlvdColumbus, MS 39702

Agent

Name Role Address
RON RIVERS Agent 1139 Seed Tick Road, Caledonia, MS 39740

Incorporator

Name Role Address
Joseph N Studdard Incorporator 214 5th St South, Columbus, MS 39701

Director

Name Role Address
Ron Rivers Director 1139 Seed Tick Road, Caledonia, MS 39740

President

Name Role Address
Ron Rivers President 1139 Seed Tick Road, Caledonia, MS 39740

Secretary

Name Role Address
Ron Rivers Secretary 1139 Seed Tick Road, Caledonia, MS 39740

Treasurer

Name Role Address
Ron Rivers Treasurer 1139 Seed Tick Road, Caledonia, MS 39740

Vice President

Name Role Address
Ron Rivers Vice President 1139 Seed Tick Road, Caledonia, MS 39740

Filings

Type Status Filed Date Description
Annual Report Filed 2025-01-27 Annual Report For MAGNOLIA BUSINESS SYSTEMS, INC.
Annual Report Filed 2024-01-08 Annual Report For MAGNOLIA BUSINESS SYSTEMS, INC.
Amendment Form Filed 2023-01-09 Amendment For MAGNOLIA BUSINESS SYSTEMS, INC.
Annual Report Filed 2023-01-09 Annual Report For MAGNOLIA BUSINESS SYSTEMS, INC.
Annual Report Filed 2022-01-06 Annual Report For MAGNOLIA BUSINESS SYSTEMS, INC.
Annual Report Filed 2021-08-20 Annual Report For MAGNOLIA BUSINESS SYSTEMS, INC.
Annual Report Filed 2020-02-28 Annual Report For MAGNOLIA BUSINESS SYSTEMS, INC.
Annual Report Filed 2019-03-18 Annual Report For MAGNOLIA BUSINESS SYSTEMS, INC.
Annual Report Filed 2018-04-16 Annual Report For MAGNOLIA BUSINESS SYSTEMS, INC.
Annual Report Filed 2017-03-01 Annual Report For MAGNOLIA BUSINESS SYSTEMS, INC.

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
3609678410 2021-02-05 0470 PPS 1540 Gardner Blvd, Columbus, MS, 39702-2802
Loan Status Date 2022-04-16
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 53510
Loan Approval Amount (current) 53510
Undisbursed Amount 0
Franchise Name -
Lender Location ID 39227
Servicing Lender Name Bank of Commerce
Servicing Lender Address 310 Howard St, GREENWOOD, MS, 38930-4336
Rural or Urban Indicator R
Hubzone Y
LMI N
Business Age Description Existing or more than 2 years old
Project Address Columbus, LOWNDES, MS, 39702-2802
Project Congressional District MS-01
Number of Employees 9
NAICS code 423420
Borrower Race White
Borrower Ethnicity Not Hispanic or Latino
Business Type Cooperative
Originating Lender ID 39227
Originating Lender Name Bank of Commerce
Originating Lender Address GREENWOOD, MS
Gender Male Owned
Veteran Unanswered
Forgiveness Amount 54097.88
Forgiveness Paid Date 2022-03-17
7008117010 2020-04-07 0470 PPP 1540 GARDNER BLVD, COLUMBUS, MS, 39702-2802
Loan Status Date 2021-01-20
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 53500
Loan Approval Amount (current) 53500
Undisbursed Amount 0
Franchise Name -
Lender Location ID 39227
Servicing Lender Name Bank of Commerce
Servicing Lender Address 310 Howard St, GREENWOOD, MS, 38930-4336
Rural or Urban Indicator R
Hubzone Y
LMI N
Business Age Description Existing or more than 2 years old
Project Address COLUMBUS, LOWNDES, MS, 39702-2802
Project Congressional District MS-01
Number of Employees 9
NAICS code 423420
Borrower Race White
Borrower Ethnicity Not Hispanic or Latino
Business Type Cooperative
Originating Lender ID 39227
Originating Lender Name Bank of Commerce
Originating Lender Address GREENWOOD, MS
Gender Male Owned
Veteran Unanswered
Forgiveness Amount 53848.85
Forgiveness Paid Date 2020-12-10

Date of last update: 18 Mar 2025

Sources: Mississippi Secretary of State