PPP Loan information for I&c magical touch inc

$61,311

I&c magical touch inc was initially approved for PPP Loan of amount $61,311, the current approved amount is $61,311. The loan was approved on 03/16/2021 by The Customers Bank reported 11 jobs and $61,311 was used to fund payroll.

I&c magical touch inc is Existing or more than 2 years old

PPP Loan Search / MI / Clinton Township / I&c magical touch inc

I&C MAGICAL TOUCH INC

Date Approved

03/16/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

I&C MAGICAL TOUCH INC

Borrower Address

36638 Groesbeck Hwy

Borrower City

Clinton Township

Borrower State

MI

Borrower Zip

48035-1555

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

61311.00

Current Approval Amount

61311.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Clinton Township

Project County Name

MACOMB

Project State

MI

Project Zip

48035-1555

CD

MI-10

Jobs Reported

11

NAICS Code

447110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

61306.00

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

122043

Originating Lender

WebBank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

61804.85

Forgiveness Date

01/06/2022

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