As part of the Paycheck Protection Program MAGNOLIA ENTERPRISES 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 ENTERPRISES INC


Loan Amount	$875,547
BusinessName	MAGNOLIA ENTERPRISES INC
Address	365 Canal Street Suite 2800
City	New Orleans
State	LA
Zip	70130
NAICSCode	448190
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	125
DateApproved	04/10/2020
Lender	First Bank and Trust
CD	LA-02
BusinessName.clean	MAGNOLIA ENTERPRISES

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 FAMILY MEDICAL CLINIC
MAGNOLIA FLEET
MAGNOLIA FOODS
MAGNOLIA FTT
MAGNOLIA HEALTHCARE