# PPP loan: MAGNOLIA FAMILY SERVICES, LLC
> **$460K** approved 04/07/2020 · Paid in Full · Loan `7441407004`
## Borrower
- **Name:** MAGNOLIA FAMILY SERVICES, LLC
- **Address:** TIGER DR, THIBODAUX, LA, 70301-4232
- **NAICS:** 623220
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $460K
- **Initial approval:** $460K
- **Forgiven:** $466K (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $444K
- **Rent:** $15K
- **Utilities:** $982.43
- **Jobs reported:** 60
## Lender
- **Originating:** b1BANK
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*