PPP Loan information for Mag material handling corporation

$139,425

Mag material handling corporation was initially approved for PPP Loan of amount $139,425, the current approved amount is $139,425. The loan was approved on 02/24/2021 by The American Business Bank reported 8 jobs and $139,425 was used to fund payroll.

Mag material handling corporation is Existing or more than 2 years old

PPP Loan Search / CA / Rancho Cucamonga / Mag material handling corporation

MAG MATERIAL HANDLING CORPORATION

Date Approved

02/24/2021

SBA Office Code

0920

Processing Method

PPS

Borrower Name

MAG MATERIAL HANDLING CORPORATION

Borrower Address

8725 Via El Dorado

Borrower City

Rancho Cucamonga

Borrower State

CA

Borrower Zip

91701-1441

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

139425.00

Current Approval Amount

139425.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123001

Servicing Lender Name

American Business Bank

Servicing Lender Address

2400 E. Katella Ave. Ste 350

Servicing Lender City

Anaheim

Servicing Lender State

CA

Servicing Lender Zip

92806

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rancho Cucamonga

Project County Name

SAN BERNARDINO

Project State

CA

Project Zip

91701-1441

CD

CA-28

Jobs Reported

8

NAICS Code

541330

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

139425.00

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

Subchapter S Corporation

Originating Lender Location Id

123001

Originating Lender

American Business Bank

Originating Lender City

Anaheim

Originating Lender State

CA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

140357.05

Forgiveness Date

11/03/2021

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