PPP Loan information for Magnolia healthcare llc

$419,500

Magnolia healthcare llc was initially approved for PPP Loan of amount $419,500, the current approved amount is $419,500. The loan was approved on 04/27/2020 by The Loan Source Incorporated reported 92 jobs and $419,500 was used to fund payroll.

Magnolia healthcare llc is New Business or 2 years or less

PPP Loan Search / AR / Magnolia / Magnolia healthcare llc

MAGNOLIA HEALTHCARE LLC

Date Approved

04/27/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

MAGNOLIA HEALTHCARE LLC

Borrower Address

2642 North Dudney Road

Borrower City

Magnolia

Borrower State

AR

Borrower Zip

71753

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

419500.00

Current Approval Amount

419500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Magnolia

Project County Name

COLUMBIA

Project State

AR

Project Zip

71753-2000

CD

AR-04

Jobs Reported

92

NAICS Code

541618

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

419500.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

423775.45

Forgiveness Date

05/21/2021

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