PPP Loan information for Magnolia medical foundation

$24,800

Magnolia medical foundation was initially approved for PPP Loan of amount $24,800, the current approved amount is $24,800. The loan was approved on 04/28/2020 by The BankPlus reported 2 jobs and $24,800 was used to fund payroll.

Magnolia medical foundation is Existing or more than 2 years old

MAGNOLIA MEDICAL FOUNDATION

Date Approved

04/28/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

MAGNOLIA MEDICAL FOUNDATION

Borrower Address

1230 RAYMOND RD

Borrower City

JACKSON

Borrower State

MS

Borrower Zip

39204-4583

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

24800.00

Current Approval Amount

24800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39099

Servicing Lender Name

BankPlus

Servicing Lender Address

202 E Jackson St

Servicing Lender City

BELZONI

Servicing Lender State

MS

Servicing Lender Zip

39038-3524

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

JACKSON

Project County Name

HINDS

Project State

MS

Project Zip

39204-4583

CD

MS-03

Jobs Reported

2

NAICS Code

813410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4954.00

Payroll Proceed

19846.00

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

Professional Association

Originating Lender Location Id

39099

Originating Lender

BankPlus

Originating Lender City

BELZONI

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

25075.56

Forgiveness Date

06/10/2021

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