PPP Loan information for Lees magic tunnel inc

$190,104

Lees magic tunnel inc was initially approved for PPP Loan of amount $190,104, the current approved amount is $190,104. The loan was approved on 02/24/2021 by The Synovus Bank reported 45 jobs and $190,104 was used to fund payroll.

Lees magic tunnel inc is Existing or more than 2 years old

LEES MAGIC TUNNEL INC

Date Approved

02/24/2021

SBA Office Code

0459

Processing Method

PPP

Borrower Name

LEES MAGIC TUNNEL INC

Borrower Address

2318 Memorial Pkwy SW

Borrower City

Huntsville

Borrower State

AL

Borrower Zip

35801-5656

Loan Status Date

01/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

190104.17

Current Approval Amount

190104.17

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19248

Servicing Lender Name

Synovus Bank

Servicing Lender Address

1148 Broadway

Servicing Lender City

COLUMBUS

Servicing Lender State

GA

Servicing Lender Zip

31901-2429

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Huntsville

Project County Name

MADISON

Project State

AL

Project Zip

35801-5656

CD

AL-05

Jobs Reported

45

NAICS Code

811192

Race

American Indian or Alaska Native

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

190101.17

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

Subchapter S Corporation

Originating Lender Location Id

19248

Originating Lender

Synovus Bank

Originating Lender City

COLUMBUS

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

191526.05

Forgiveness Date

12/14/2021

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