PPP Loan information for Mag group llc

$417,351

Mag group llc was initially approved for PPP Loan of amount $417,351, the current approved amount is $417,351. The loan was approved on 04/15/2020 by The PNC Bank, National Association reported 110 jobs and $417,351 was used to fund payroll.

Mag group llc is Existing or more than 2 years old

PPP Loan Search / TX / LAREDO / Mag group llc

MAG GROUP LLC

Date Approved

04/15/2020

SBA Office Code

0681

Processing Method

PPP

Borrower Name

MAG GROUP LLC

Borrower Address

9320 San Mateo

Borrower City

LAREDO

Borrower State

TX

Borrower Zip

78045

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

417351.00

Current Approval Amount

417351.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAREDO

Project County Name

WEBB

Project State

TX

Project Zip

78045-0001

CD

TX-28

Jobs Reported

110

NAICS Code

488991

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

10000.00

Payroll Proceed

407351.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

102000

Originating Lender

First Source FCU

Originating Lender City

NEW HARTFORD

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

422289.65

Forgiveness Date

06/24/2021

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