MAGNOLIA MANAGEMENT COMPANY, LLC

Summary of PPP (Paycheck Protection Program) Loan approved to MAGNOLIA MANAGEMENT COMPANY, LLC by New Valley Bank & Trust. The loan was approved on 4/27/2020 in the range of $2-5 million.

Business Information

Name:

MAGNOLIA MANAGEMENT COMPANY, LLC

200 NORTH MAIN ST 204
EAST LONGMEADOW, MA 01028
Business type: Limited Liability Company(LLC)
Nursing and Residential Care Facilities
→ Assisted Living Facilities for the Elderly
Non-profit: No
Loan amount: $2-5 million
(50 Jobs retained)
Date approved: April 27, 2020
Lender New Valley Bank & Trust

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.