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
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
Servicing Lender Zip
07666-4546
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Unanswered
Project City
Project County Name
SOMERSET
Project State
Project Zip
08876-0001
CD
NJ-07
Jobs Reported
2
NAICS Code
812199
Race
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
5051.23
Forgiveness Date
07/06/2021