As part of the Paycheck Protection Program MAGNOLIA MANAGEMENT COMPANY, 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 MANAGEMENT COMPANY, LLC


Loan Amount	$3,201,300
BusinessName	MAGNOLIA MANAGEMENT COMPANY, LLC
Address	200 NORTH MAIN ST
City	EAST LONGMEADOW
State	MA
Zip	1028
NAICSCode	623312
BusinessType	Limited Liability Company(LLC)
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	500
DateApproved	04/27/2020
Lender	New Valley Bank & Trust
CD	MA-01
BusinessName.clean	MAGNOLIA MANAGEMENT COMPANY

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

ANDREW SMITH COMPANY
MAGNOLIA MEDICAL TECHNOLOGIES
MAGNOLIA OF MILLBRAE
MAGNOLIA PLUMBING
MAGNOLIA REGIONAL MEDICAL CENTER