PPP Loan information for Mag iv, inc

$260,617

Mag iv, inc was initially approved for PPP Loan of amount $260,617, the current approved amount is $260,617. The loan was approved on 04/14/2020 by The First Bank of the Lake reported 5 jobs and $260,617 was used to fund payroll.

Mag iv, inc is Existing or more than 2 years old

PPP Loan Search / OR / GRANTS PASS / Mag iv, inc

MAG IV, INC

Date Approved

04/14/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

MAG IV, INC

Borrower Address

110 SEK ST

Borrower City

GRANTS PASS

Borrower State

OR

Borrower Zip

97526-3120

Loan Status Date

05/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

260617.00

Current Approval Amount

260617.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

110352

Servicing Lender Name

First Bank of the Lake

Servicing Lender Address

4558 Osage Beach Pkwy, Ste 100

Servicing Lender City

OSAGE BEACH

Servicing Lender State

MO

Servicing Lender Zip

65065-2372

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRANTS PASS

Project County Name

JOSEPHINE

Project State

OR

Project Zip

97526-3120

CD

OR-02

Jobs Reported

5

NAICS Code

541213

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

260617.00

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

110352

Originating Lender

First Bank of the Lake

Originating Lender City

OSAGE BEACH

Originating Lender State

MO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

265735.23

Forgiveness Date

04/07/2022

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