PPP Loan information for Engineered magnetics inc

$328,624

Engineered magnetics inc was initially approved for PPP Loan of amount $328,624, the current approved amount is $328,624. The loan was approved on 01/28/2021 by The East West Bank reported 15 jobs and $328,624 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

01/28/2021

SBA Office Code

0914

Processing Method

PPS

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

09/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

328624.00

Current Approval Amount

328624.00

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

15

NAICS Code

336413

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

328619.00

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

330531.84

Forgiveness Date

08/27/2021

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