PPP Loan information for Black magnet enterprises inc.

$141,300

Black magnet enterprises inc. was initially approved for PPP Loan of amount $141,300, the current approved amount is $141,300. The loan was approved on 05/18/2021 by The PNC Bank, National Association reported 25 jobs and $141,300 was used to fund payroll.

Black magnet enterprises inc. is Existing or more than 2 years old

PPP Loan Search / NJ / Paterson / Black magnet enterprises inc.

BLACK MAGNET ENTERPRISES INC.

Date Approved

05/18/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

BLACK MAGNET ENTERPRISES INC.

Borrower Address

96 E 38th St 96 E 38th St

Borrower City

Paterson

Borrower State

NJ

Borrower Zip

07514-1218

Loan Status Date

02/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

141300.00

Current Approval Amount

141300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Paterson

Project County Name

PASSAIC

Project State

NJ

Project Zip

07514-1218

CD

NJ-09

Jobs Reported

25

NAICS Code

722514

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

141295.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

142198.82

Forgiveness Date

01/11/2022

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