Magnolia Enterprises INC
$875,547 PPP Loan in New Orleans, Louisiana
Loan Details
- Loan Number
- 1742057100
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $875,547
- Current Approval
- $875,547
- Forgiveness Amount
- $829,026
- Forgiveness Date
- Sep 20, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Magnolia Enterprises INC
- Address
- 365 Canal Street Suite 2800
- City
- New Orleans
- State
- Louisiana
- ZIP Code
- 70130-1058
- Business Type
- Corporation
- Industry (NAICS)
- Retail Trade (448190)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 125
- Estimated Revenue
- $37.8M
- Rural/Urban
- Urban
- Congressional District
- LA-02
Loan Use Breakdown
- Payroll
- $657,536
- Utilities
- $218,011
Lender Information
- Servicing Lender
- Bankplus
- Originating Lender
- First Bank and Trust, a Division of Bankplus
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