MAGNOLIA EDUCATIONAL & RESEARCH FOUNDATION

Summary of PPP (Paycheck Protection Program) Loan approved to MAGNOLIA EDUCATIONAL & RESEARCH FOUNDATION by Citibank, N.A.. The loan was approved on 4/16/2020 in the range of $5-10 million.

Business Information

Name:	MAGNOLIA EDUCATIONAL & RESEARCH FOUNDATION 250 E 1ST ST LOS ANGELES, CA 90012
Business type:	Non-Profit Organization Professional, Scientific, and Technical Services → Research and Development in Nanotechnology
Non-profit:	Yes
Loan amount:	$5-10 million (50 Jobs retained)
Date approved:	April 16, 2020
Lender	Citibank, N.A.

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Note: Only loans exceeding $150,000 are displayed here. Businesses receiving PPP loans less than $150,000 are excluded. Additionally, borrowers that received PPP loans but have since return it, are also excluded.

The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $659 billion toward job retention and certain other expenses. Read more information about the Paycheck Protection Program or the CARES Act.