PPP Loan information for International magnaproducts, inc.

$112,600

International magnaproducts, inc. was initially approved for PPP Loan of amount $112,600, the current approved amount is $112,600. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 8 jobs and $112,600 was used to fund payroll.

International magnaproducts, inc. is Existing or more than 2 years old

PPP Loan Search / IN / VALPARAISO / International magnaproducts, inc.

INTERNATIONAL MAGNAPRODUCTS, INC.

Date Approved

05/01/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

INTERNATIONAL MAGNAPRODUCTS, INC.

Borrower Address

3100 CASCADE DR

Borrower City

VALPARAISO

Borrower State

IN

Borrower Zip

46383

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

112600.00

Current Approval Amount

112600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VALPARAISO

Project County Name

PORTER

Project State

IN

Project Zip

46383-0001

CD

IN-01

Jobs Reported

8

NAICS Code

423510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4442.00

Payroll Proceed

95560.00

Mortgage Interest Proceed

0.00

Rent Proceed

8000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

4598.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

113587.00

Forgiveness Date

03/22/2021

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