PPP Loan information for Mag signs inc

$240,238

Mag signs inc was initially approved for PPP Loan of amount $240,238, the current approved amount is $240,238. The loan was approved on 01/22/2021 by The Fulton Bank, National Association reported 16 jobs and $240,238 was used to fund payroll.

Mag signs inc is Existing or more than 2 years old

MAG SIGNS INC

Date Approved

01/22/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

MAG SIGNS INC

Borrower Address

1208 Columbus Rd Ste F

Borrower City

Burlington

Borrower State

NJ

Borrower Zip

08016-3439

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

240238.00

Current Approval Amount

240238.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Burlington

Project County Name

BURLINGTON

Project State

NJ

Project Zip

08016-3439

CD

NJ-03

Jobs Reported

16

NAICS Code

339999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

240238.00

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

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

241519.27

Forgiveness Date

08/04/2021

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