PPP Loan information for Mag ii llc

$88,358

Mag ii llc was initially approved for PPP Loan of amount $88,358, the current approved amount is $88,358. The loan was approved on 01/29/2021 by The Skowhegan Savings Bank reported 21 jobs and $88,358 was used to fund payroll.

Mag ii llc is Existing or more than 2 years old

MAG II LLC

Date Approved

01/29/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

MAG II LLC

Borrower Address

230 Wilton Rd

Borrower City

Farmington

Borrower State

ME

Borrower Zip

04938-6132

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

88358.00

Current Approval Amount

88358.00

Undisbursed Amount

0.00

Franchise Name

Subway

Servicing Lender Location Id

29894

Servicing Lender Name

Skowhegan Savings Bank

Servicing Lender Address

13 Elm St

Servicing Lender City

SKOWHEGAN

Servicing Lender State

ME

Servicing Lender Zip

04976-1201

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Farmington

Project County Name

FRANKLIN

Project State

ME

Project Zip

04938-6132

CD

ME-02

Jobs Reported

21

NAICS Code

722513

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

88356.00

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

29894

Originating Lender

Skowhegan Savings Bank

Originating Lender City

SKOWHEGAN

Originating Lender State

ME

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

89001.05

Forgiveness Date

10/29/2021

;