# PPP loan: MAGNOLIA FAMILY MEDICAL CLINIC
> **$1.28M** approved 05/14/2020 · Paid in Full · Loan `6433097405`
## Borrower
- **Name:** MAGNOLIA FAMILY MEDICAL CLINIC
- **Address:** 2240 GONZALES ROAD SUITE #100, OXNARD, CA, 93036
- **NAICS:** 621111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.28M
- **Initial approval:** $1.28M
- **Forgiven:** $1.29M (101%)
- **Forgiveness date:** 06/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.28M
- **Jobs reported:** 139
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*