PPP Loan information for Blue magic inc

$14,898

Blue magic inc was initially approved for PPP Loan of amount $14,898, the current approved amount is $14,898. The loan was approved on 01/22/2021 by The Marblehead Bank reported 2 jobs and $14,898 was used to fund payroll.

Blue magic inc is Existing or more than 2 years old

BLUE MAGIC INC

Date Approved

01/22/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

BLUE MAGIC INC

Borrower Address

60 Village St

Borrower City

Marblehead

Borrower State

MA

Borrower Zip

01945-2215

Loan Status Date

07/30/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

14897.50

Current Approval Amount

14897.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33039

Servicing Lender Name

Marblehead Bank

Servicing Lender Address

21 Atlantic Ave

Servicing Lender City

MARBLEHEAD

Servicing Lender State

MA

Servicing Lender Zip

01945-3293

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Marblehead

Project County Name

ESSEX

Project State

MA

Project Zip

01945-2215

CD

MA-06

Jobs Reported

2

NAICS Code

114112

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

14896.50

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

33039

Originating Lender

Marblehead Bank

Originating Lender City

MARBLEHEAD

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

14965.25

Forgiveness Date

07/21/2021

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