Magnolia Educational & Research Foundation

$5,461,600 PPP Loan in Los Angeles, California

Loan Details

Loan Number
2682177201
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$5,461,600
Current Approval
$5,461,600
Forgiveness Amount
$5,523,195
Forgiveness Date
Jun 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Magnolia Educational & Research Foundation
Address
250 E 1st St
ZIP Code
90012-3811
Business Type
Non-Profit Organization
Industry (NAICS)
Professional, Scientific, and Technical Services (541713)
Business Age
Existing or more than 2 years old
Jobs Reported
409
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
CA-34

Loan Use Breakdown

Payroll
$5,461,600

Lender Information

Servicing Lender
Citibank, N.a.
Originating Lender
Citibank, N.a.

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