# PPP loan: MAGNOLIA REGIONAL MEDICAL CENTER
> **$2.33M** approved 04/27/2020 · Paid in Full · Loan `3745447202`
## Borrower
- **Name:** MAGNOLIA REGIONAL MEDICAL CENTER
- **Address:** 101 HOSPITAL DR, MAGNOLIA, AR, 71753-2415
- **NAICS:** 622110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.33M
- **Initial approval:** $2.33M
- **Forgiven:** $2.36M (101%)
- **Forgiveness date:** 05/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.33M
- **Jobs reported:** 175
## Lender
- **Originating:** Farmers Bank & Trust Company
- **Servicing:** Farmers Bank & Trust Company (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*