PPP Loan information for Magnolia orthopaedic & sports medicine clinic, p.a.

$343,095

Magnolia orthopaedic & sports medicine clinic, p.a. was initially approved for PPP Loan of amount $343,095, the current approved amount is $343,095. The loan was approved on 04/27/2020 by The Commerce Bank reported 26 jobs and $343,095 was used to fund payroll.

Magnolia orthopaedic & sports medicine clinic, p.a. is Existing or more than 2 years old

PPP Loan Search / MS / Corinth / Magnolia orthopaedic & sports medicine clinic, p.a.

MAGNOLIA ORTHOPAEDIC & SPORTS MEDICINE CLINIC, P.A.

Date Approved

04/27/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

MAGNOLIA ORTHOPAEDIC & SPORTS MEDICINE CLINIC, P.A.

Borrower Address

611 Alcorn Drive, Suite 100

Borrower City

Corinth

Borrower State

MS

Borrower Zip

38834

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

343095.14

Current Approval Amount

343095.14

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123411

Servicing Lender Name

Commerce Bank

Servicing Lender Address

700 Taylor St

Servicing Lender City

CORINTH

Servicing Lender State

MS

Servicing Lender Zip

38834-6108

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Corinth

Project County Name

ALCORN

Project State

MS

Project Zip

38834-1100

CD

MS-01

Jobs Reported

26

NAICS Code

621111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

250000.00

Mortgage Interest Proceed

0.00

Rent Proceed

46000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

47095.14

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

123411

Originating Lender

Commerce Bank

Originating Lender City

CORINTH

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

345397.97

Forgiveness Date

01/07/2021

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