PPP Loan information for Mag signs inc

$194,069

Mag signs inc was initially approved for PPP Loan of amount $194,069, the current approved amount is $194,069. The loan was approved on 04/13/2020 by The Fulton Bank, National Association reported 13 jobs and $194,069 was used to fund payroll.

Mag signs inc is Existing or more than 2 years old

PPP Loan Search / NJ / Burlington / Mag signs inc

MAG SIGNS INC

Date Approved

04/13/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MAG SIGNS INC

Borrower Address

1208 Columbus Rd

Borrower City

Burlington

Borrower State

NJ

Borrower Zip

08016-3408

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

194068.55

Current Approval Amount

194068.55

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

08016-3408

CD

NJ-03

Jobs Reported

13

NAICS Code

339950

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

24258.40

Payroll Proceed

145551.75

Mortgage Interest Proceed

24258.40

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

195545.63

Forgiveness Date

01/25/2021

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