# PPP loan: MAGNOLIA BEEF HOLDING LLC
> **$320K** approved 02/08/2021 · Paid in Full · Loan `5351528401`
## Borrower
- **Name:** MAGNOLIA BEEF HOLDING LLC
- **Address:** 40 Cameron Rd, Saddle River, NJ, 07458-2942
- **NAICS:** 311611
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $320K
- **Initial approval:** $320K
- **Forgiven:** $325K (101%)
- **Forgiveness date:** 07/26/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $320K
- **Utilities:** $1
- **Jobs reported:** 40
## Lender
- **Originating:** Unity Bank
- **Servicing:** Unity Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*