PPP Loan information for Magnolia health inc

$5,000

Magnolia health inc was initially approved for PPP Loan of amount $5,000, the current approved amount is $5,000. The loan was approved on 06/20/2020 by The Cross River Bank reported 2 jobs and $5,000 was used to fund payroll.

Magnolia health inc is Unanswered

MAGNOLIA HEALTH INC

Date Approved

06/20/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MAGNOLIA HEALTH INC

Borrower Address

STE B 75 W MAIN ST

Borrower City

SOMERVILLE

Borrower State

NJ

Borrower Zip

08876

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

5000.00

Current Approval Amount

5000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

SOMERVILLE

Project County Name

SOMERSET

Project State

NJ

Project Zip

08876-0001

CD

NJ-07

Jobs Reported

2

NAICS Code

812199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

5000.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

5051.23

Forgiveness Date

07/06/2021

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