As part of the Paycheck Protection Program MAGNOLIA FLEET, LLC 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 FLEET, LLC


Loan Amount	$2,613,500
BusinessName	MAGNOLIA FLEET, LLC
Address	3000 RIDGELAKE DR
City	METAIRIE
State	LA
Zip	70002
NAICSCode	483211
BusinessType	Limited Liability Company(LLC)
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	170
DateApproved	04/09/2020
Lender	Hancock Whitney Bank
CD	LA-01
BusinessName.clean	MAGNOLIA FLEET

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 FOODS
MAGNOLIA FTT
MAGNOLIA HEALTHCARE
MAGNOLIA LOGISTICS
MAGNOLIA MANAGEMENT COMPANY