Magnolia Community Services, Inc.

$1,541,745 PPP Loan in New Orleans, Louisiana

Loan Details

Loan Number
1517457204
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$1,541,745
Current Approval
$1,541,745
Forgiveness Amount
$1,556,434
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Magnolia Community Services, Inc.
Address
100 Central Ave
ZIP Code
70121
Business Type
Non-Profit Organization
Industry (NAICS)
Health Care and Social Assistance (623210)
Business Age
Existing or more than 2 years old
Jobs Reported
149
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
LA-01

Loan Use Breakdown

Payroll
$1,541,745

Lender Information

Servicing Lender
Hancock Whitney Bank
Originating Lender
Hancock Whitney Bank

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