# PPP loan: MAGNOLIA MEDICAL CLINIC, P.A.
> **$395K** approved 05/01/2020 · Paid in Full · Loan `9953967708`
## Borrower
- **Name:** MAGNOLIA MEDICAL CLINIC, P.A.
- **Address:** 319 GREEN ACRES RD, FORT WALTON BEACH, FL, 32547
- **NAICS:** 621111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $395K
- **Initial approval:** $395K
- **Forgiven:** $400K (101%)
- **Forgiveness date:** 10/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $395K
- **Jobs reported:** 34
## Lender
- **Originating:** Hancock Whitney Bank
- **Servicing:** Hancock Whitney Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*