PPP Loan information for Magnolia regional medical center

$2,331,553

Magnolia regional medical center was initially approved for PPP Loan of amount $2,331,553, the current approved amount is $2,331,553. The loan was approved on 04/27/2020 by The Farmers Bank & Trust Company reported 175 jobs and $2,331,553 was used to fund payroll.

Magnolia regional medical center is Existing or more than 2 years old

PPP Loan Search / AR / MAGNOLIA / Magnolia regional medical center

MAGNOLIA REGIONAL MEDICAL CENTER

Date Approved

04/27/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

MAGNOLIA REGIONAL MEDICAL CENTER

Borrower Address

101 HOSPITAL DR

Borrower City

MAGNOLIA

Borrower State

AR

Borrower Zip

71753-2415

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2331552.50

Current Approval Amount

2331552.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4520

Servicing Lender Name

Farmers Bank & Trust Company

Servicing Lender Address

200 E Main St

Servicing Lender City

MAGNOLIA

Servicing Lender State

AR

Servicing Lender Zip

71753-3530

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MAGNOLIA

Project County Name

COLUMBIA

Project State

AR

Project Zip

71753-2415

CD

AR-04

Jobs Reported

175

NAICS Code

622110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2331552.50

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

Non-Profit Organization

Originating Lender Location Id

4520

Originating Lender

Farmers Bank & Trust Company

Originating Lender City

MAGNOLIA

Originating Lender State

AR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2355634.56

Forgiveness Date

05/11/2021

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