PPP Loan information for Mag construction co.

$135,000

Mag construction co. was initially approved for PPP Loan of amount $135,000, the current approved amount is $135,000. The loan was approved on 04/15/2020 by The Lake Forest Bank & Trust Company, National Association reported 5 jobs and $135,000 was used to fund payroll.

Mag construction co. is Existing or more than 2 years old

PPP Loan Search / IL / HIGHLAND PARK / Mag construction co.

MAG CONSTRUCTION CO.

Date Approved

04/15/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MAG CONSTRUCTION CO.

Borrower Address

629 homewood avenue

Borrower City

HIGHLAND PARK

Borrower State

IL

Borrower Zip

60035

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

135000.00

Current Approval Amount

135000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117732

Servicing Lender Name

Lake Forest Bank & Trust Company, National Association

Servicing Lender Address

727 N Bank Ln

Servicing Lender City

LAKE FOREST

Servicing Lender State

IL

Servicing Lender Zip

60045-1887

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HIGHLAND PARK

Project County Name

LAKE

Project State

IL

Project Zip

60035-0001

CD

IL-10

Jobs Reported

5

NAICS Code

236115

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

16875.00

Payroll Proceed

101250.00

Mortgage Interest Proceed

0.00

Rent Proceed

16875.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

117732

Originating Lender

Lake Forest Bank & Trust Company, National Association

Originating Lender City

LAKE FOREST

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

136466.25

Forgiveness Date

05/18/2021

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