PPP Loan information for Engineered magnetics, inc.

$293,000

Engineered magnetics, inc. was initially approved for PPP Loan of amount $293,000, the current approved amount is $293,000. The loan was approved on 04/10/2020 by The East West Bank reported 16 jobs and $293,000 was used to fund payroll.

Engineered magnetics, inc. is Existing or more than 2 years old

PPP Loan Search / CA / INGLEWOOD / Engineered magnetics, inc.

ENGINEERED MAGNETICS, INC.

Date Approved

04/10/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

ENGINEERED MAGNETICS, INC.

Borrower Address

10524 S LA CIENEGA BLVD

Borrower City

INGLEWOOD

Borrower State

CA

Borrower Zip

90304-1116

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

293000.00

Current Approval Amount

293000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119918

Servicing Lender Name

East West Bank

Servicing Lender Address

135 N Los Robles Ave, 7th Fl

Servicing Lender City

PASADENA

Servicing Lender State

CA

Servicing Lender Zip

91101-4525

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

INGLEWOOD

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90304-1116

CD

CA-43

Jobs Reported

16

NAICS Code

336413

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

293000.00

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

119918

Originating Lender

East West Bank

Originating Lender City

PASADENA

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

296385.78

Forgiveness Date

06/04/2021

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