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MAGNOLIA PLACE, LLC

Company Details

Name: MAGNOLIA PLACE, LLC
Jurisdiction: MISSISSIPPI
Business Type: Limited Liability Company
Status: Dissolved
Effective Date: 28 Dec 1999 (25 years ago)
Business ID: 741947
ZIP code: 39482
County: Lamar
State of Incorporation: MISSISSIPPI
Principal Office Address: 4901 HWY 589SUMRALL, MS 39482

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
MAGNOLIA PLACE, LLC 401(K) PLAN 2015 640925667 2016-07-29 MAGNOLIA PLACE, LLC 18
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2013-11-15
Business code 623000
Sponsor’s telephone number 6017580800
Plan sponsor’s address 1438 HWY 42, SUMRALL, MS, 39482
MAGNOLIA PLACE, LLC 401(K) PLAN 2015 640925667 2016-11-01 MAGNOLIA PLACE, LLC 26
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2013-11-15
Business code 623000
Sponsor’s telephone number 6017580800
Plan sponsor’s address 1438 HWY 42, SUMRALL, MS, 39482
MAGNOLIA PLACE, LLC 401(K) PLAN 2014 640925667 2015-07-28 MAGNOLIA PLACE, LLC 16
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2013-11-15
Business code 812990
Sponsor’s telephone number 6017580800
Plan sponsor’s address 1438 HWY 42, SUMRALL, MS, 39482

Signature of

Role Plan administrator
Date 2015-07-28
Name of individual signing HANK LOTT
Valid signature Filed with authorized/valid electronic signature
MAGNOLIA PLACE, LLC 401(K) PLAN 2013 640925667 2014-06-23 MAGNOLIA PLACE, LLC 0
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2013-11-15
Business code 812990
Sponsor’s telephone number 6017580800
Plan sponsor’s address 1438 HWY 42, SUMRALL, MS, 39482

Signature of

Role Plan administrator
Date 2014-06-23
Name of individual signing HANK LOTT
Valid signature Filed with authorized/valid electronic signature

Agent

Name Role Address
Melinda Lott Agent 1438 HWY 42, Sumrall, MS 39482

Member

Name Role Address
Melinda Lott Member 1438 HWY 42, SUMRALL, MS 39482
Hank Lott Member 1438 HWY 42, Sumrall, MS 39482

Filings

Type Status Filed Date Description
Dissolution Filed 2024-04-16 Dissolution For MAGNOLIA PLACE, LLC
Annual Report LLC Filed 2023-04-17 Annual Report For MAGNOLIA PLACE, LLC
Annual Report LLC Filed 2022-03-17 Annual Report For MAGNOLIA PLACE, LLC
Annual Report LLC Filed 2021-04-15 Annual Report For MAGNOLIA PLACE, LLC
Annual Report LLC Filed 2020-04-15 Annual Report For MAGNOLIA PLACE, LLC
Annual Report LLC Filed 2019-03-14 Annual Report For MAGNOLIA PLACE, LLC
Amendment Form Filed 2018-04-17 Amendment For MAGNOLIA PLACE, LLC
Annual Report LLC Filed 2018-04-17 Annual Report For MAGNOLIA PLACE, LLC
Annual Report LLC Filed 2017-03-22 Annual Report For MAGNOLIA PLACE, LLC
Annual Report LLC Filed 2016-04-12 Annual Report For MAGNOLIA PLACE, LLC

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
7961097000 2020-04-08 0470 PPP 1438 HIGHWAY 42, SUMRALL, MS, 39482-5047
Loan Status Date 2021-05-25
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 46192
Loan Approval Amount (current) 46192
Undisbursed Amount 0
Franchise Name -
Lender Location ID 39546
Servicing Lender Name PriorityOne Bank
Servicing Lender Address 220 Main Ave N, MAGEE, MS, 39111-3536
Rural or Urban Indicator R
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address SUMRALL, LAMAR, MS, 39482-5047
Project Congressional District MS-04
Number of Employees 13
NAICS code 623312
Borrower Race White
Borrower Ethnicity Not Hispanic or Latino
Business Type Corporation
Originating Lender ID 39546
Originating Lender Name PriorityOne Bank
Originating Lender Address MAGEE, MS
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount 46667.84
Forgiveness Paid Date 2021-04-29

Date of last update: 26 Mar 2025

Sources: Mississippi Secretary of State