PPP Loan information for Magnolia home health care inc

$123,872

Magnolia home health care inc was initially approved for PPP Loan of amount $123,872, the current approved amount is $123,872. The loan was approved on 01/28/2021 by The Gibsland Bank & Trust Company reported 15 jobs and $123,872 was used to fund payroll.

Magnolia home health care inc is Existing or more than 2 years old

PPP Loan Search / LA / Arcadia / Magnolia home health care inc

MAGNOLIA HOME HEALTH CARE INC

Date Approved

01/28/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

MAGNOLIA HOME HEALTH CARE INC

Borrower Address

1285 Pine St Ste 100

Borrower City

Arcadia

Borrower State

LA

Borrower Zip

71001-3120

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

123872.00

Current Approval Amount

123872.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28240

Servicing Lender Name

Gibsland Bank & Trust Company

Servicing Lender Address

1246 S 3rd St

Servicing Lender City

GIBSLAND

Servicing Lender State

LA

Servicing Lender Zip

71028-4301

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Arcadia

Project County Name

BIENVILLE

Project State

LA

Project Zip

71001-3120

CD

LA-05

Jobs Reported

15

NAICS Code

621610

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

123870.00

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

28240

Originating Lender

Gibsland Bank & Trust Company

Originating Lender City

GIBSLAND

Originating Lender State

LA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

124628.81

Forgiveness Date

09/14/2021

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