PPP Loan information for Magnolia healthcare inc

$2,447,690

Magnolia healthcare inc was initially approved for PPP Loan of amount $2,447,690, the current approved amount is $2,447,690. The loan was approved on 04/07/2020 by The Trustmark National Bank reported 346 jobs and $2,447,690 was used to fund payroll.

Magnolia healthcare inc is Existing or more than 2 years old

PPP Loan Search / LA / BATON ROUGE / Magnolia healthcare inc

MAGNOLIA HEALTHCARE INC

Date Approved

04/07/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

MAGNOLIA HEALTHCARE INC

Borrower Address

628 N 4TH ST

Borrower City

BATON ROUGE

Borrower State

LA

Borrower Zip

70802-5342

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2447690.00

Current Approval Amount

2447690.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39334

Servicing Lender Name

Trustmark National Bank

Servicing Lender Address

248 E Capitol St

Servicing Lender City

JACKSON

Servicing Lender State

MS

Servicing Lender Zip

39201-2503

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BATON ROUGE

Project County Name

EAST BATON ROUGE

Project State

LA

Project Zip

70802-5342

CD

LA-06

Jobs Reported

346

NAICS Code

623220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2447690.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

39334

Originating Lender

Trustmark National Bank

Originating Lender City

JACKSON

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2476178.39

Forgiveness Date

06/11/2021

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