PPP Loan information for Laundermagic inc

$74,000

Laundermagic inc was initially approved for PPP Loan of amount $74,000, the current approved amount is $74,000. The loan was approved on 02/18/2021 by The First Merchants Bank reported 17 jobs and $74,000 was used to fund payroll.

Laundermagic inc is Existing or more than 2 years old

PPP Loan Search / IN / Muncie / Laundermagic inc

LAUNDERMAGIC INC

Date Approved

02/18/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

LAUNDERMAGIC INC

Borrower Address

302 E Willard St

Borrower City

Muncie

Borrower State

IN

Borrower Zip

47302-3366

Loan Status Date

04/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

74000.00

Current Approval Amount

74000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Muncie

Project County Name

DELAWARE

Project State

IN

Project Zip

47302-3366

CD

IN-05

Jobs Reported

17

NAICS Code

812310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

73997.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

74768.38

Forgiveness Date

03/17/2022

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