As part of the Paycheck Protection Program MAGNOLIA COMMUNITY SERVICES, INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

MAGNOLIA COMMUNITY SERVICES, INC


Loan Amount	$1,541,745
BusinessName	MAGNOLIA COMMUNITY SERVICES, INC
Address	100 CENTRAL AVE
City	NEW ORLEANS
State	LA
Zip	70121
NAICSCode	623210
BusinessType	Non-Profit Organization
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit	Y
JobsReported	149
DateApproved	04/15/2020
Lender	Hancock Whitney Bank
CD	LA-01
BusinessName.clean	MAGNOLIA COMMUNITY SERVICES

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

MAGNOLIA EDUCATIONAL RESEARCH FOUNDATION
MAGNOLIA ELECTRIC POWER ASSOCIATION
MAGNOLIA ENTERPRISES
MAGNOLIA FAMILY MEDICAL CLINIC
MAGNOLIA FLEET