As part of the Paycheck Protection Program MAGNOLIA PLUMBING 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 PLUMBING INC


Loan Amount	$2,762,100
BusinessName	MAGNOLIA PLUMBING INC
Address	600 GALLATIN ST., N.E.
City	WASHINGTON
State	DC
Zip	20017
NAICSCode	238220
BusinessType	Subchapter S Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	184
DateApproved	04/09/2020
Lender	Truist Bank d/b/a Branch Banking & Trust Co
CD	DC-
BusinessName.clean	MAGNOLIA PLUMBING

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 REGIONAL MEDICAL CENTER
MAGNOLIA RIVER TRANSMISSION
MAGNOLIA STEEL CO
MAGNOLIA VOLUNTEER FIRE DEPARTMENT
MAGNOPUS