MAGNOLIA CDC

PPP loan information & details

Business Information

Historical loan information does not establish current debt or wrongdoing. Missing values are shown as “Not reported”; recorded zeros remain zero. SBA source and field definitions.

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Business MAGNOLIA CDC
Business Type Non-Profit Organization
Business Category Civic and Social Organizations
Business Address 5367 I-49 SOUTH SERVICE RD
OPELOUSAS LA 70570
Jobs Retained 1
Loan Amount $11,537
Forgiveness Amount $11,665

Amount recorded as forgiven in the source. Do not subtract it from the approved amount to infer a current balance.

Loan Status Paid in Full

The source records this loan as paid in full. This status alone does not distinguish repayment from forgiveness.

Status date: Jul 7, 2021

Date Approved 05/01/2020
Lender Hancock Whitney Bank
2510 14th St One Hancock Plz
GULFPORT MS 39501
Non-Profit Y
Ethnicity Owned Black or African American
Gender of Owner Male Owned
Is Owner a Veteran? Non-Veteran