PPP Loan information for Florida mag enterprises inc.

$754,200

Florida mag enterprises inc. was initially approved for PPP Loan of amount $754,200, the current approved amount is $754,200. The loan was approved on 04/27/2020 by The Mechanics Cooperative Bank reported 75 jobs and $754,200 was used to fund payroll.

Florida mag enterprises inc. is Existing or more than 2 years old

PPP Loan Search / FL / DELRAY BEACH / Florida mag enterprises inc.

FLORIDA MAG ENTERPRISES INC.

Date Approved

04/27/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

FLORIDA MAG ENTERPRISES INC.

Borrower Address

2001 S FEDERAL HWY

Borrower City

DELRAY BEACH

Borrower State

FL

Borrower Zip

33483-3314

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

754200.00

Current Approval Amount

754200.00

Undisbursed Amount

0.00

Franchise Name

Mazda North American Operations Dealer Agreement

Servicing Lender Location Id

89240

Servicing Lender Name

Mechanics Cooperative Bank

Servicing Lender Address

308 Bay St

Servicing Lender City

TAUNTON

Servicing Lender State

MA

Servicing Lender Zip

02780-1834

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DELRAY BEACH

Project County Name

PALM BEACH

Project State

FL

Project Zip

33483-3314

CD

FL-22

Jobs Reported

75

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

30000.00

Payroll Proceed

604200.00

Mortgage Interest Proceed

0.00

Rent Proceed

120000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

89240

Originating Lender

Mechanics Cooperative Bank

Originating Lender City

TAUNTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

761909.60

Forgiveness Date

05/04/2021

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