As part of the Paycheck Protection Program MAGNOLIA REGIONAL MEDICAL CENTER 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 REGIONAL MEDICAL CENTER


Loan Amount	$2,331,552
BusinessName	MAGNOLIA REGIONAL MEDICAL CENTER
Address	101 HOSPITAL DR
City	MAGNOLIA
State	AR
Zip	71753
NAICSCode	622110
BusinessType	Non-Profit Organization
RaceEthnicity	Unanswered
Gender	Male Owned
Veteran	Unanswered
NonProfit	Y
JobsReported	175
DateApproved	04/27/2020
Lender	Farmers Bank & Trust Company
CD	AR-04
BusinessName.clean	MAGNOLIA REGIONAL MEDICAL CENTER

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 RIVER TRANSMISSION
MAGNOLIA STEEL CO
MAGNOLIA VOLUNTEER FIRE DEPARTMENT
MAGNOPUS
MAGNUM CONSTRUCTION MANAGEMENT