PPP Loan information for I magna inc

$96,800

I magna inc was initially approved for PPP Loan of amount $96,800, the current approved amount is $96,800. The loan was approved on 04/14/2020 by The PNC Bank, National Association reported 19 jobs and $96,800 was used to fund payroll.

I magna inc is Existing or more than 2 years old

I MAGNA INC

Date Approved

04/14/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

I MAGNA INC

Borrower Address

1 MAGNA WAY

Borrower City

WESTMINSTER

Borrower State

MD

Borrower Zip

21157-3008

Loan Status Date

06/14/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

96800.00

Current Approval Amount

96800.00

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

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WESTMINSTER

Project County Name

CARROLL

Project State

MD

Project Zip

21157-3008

CD

MD-02

Jobs Reported

19

NAICS Code

447110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

96800.00

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

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

93730.94

Forgiveness Date

08/02/2021

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