Magnolia Orthopaedic & Sports Medicine Clinic, P.a.

$343,095 PPP Loan in Corinth, Mississippi

Loan Details

Loan Number
4645607210
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$343,095
Current Approval
$343,095
Forgiveness Amount
$345,398
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Magnolia Orthopaedic & Sports Medicine Clinic, P.a.
Address
611 Alcorn Drive, Suite 100
ZIP Code
38834
Business Type
Corporation
Industry (NAICS)
Health Care and Social Assistance (621111)
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
$8.2M
Rural/Urban
Rural
Congressional District
MS-01

Loan Use Breakdown

Payroll
$250,000
Rent
$46,000
Health Care
$47,095

Lender Information

Servicing Lender
Commerce Bank
Originating Lender
Commerce Bank

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