PPP Loan information for Mag stainless, inc

$205,000

Mag stainless, inc was initially approved for PPP Loan of amount $205,000, the current approved amount is $205,000. The loan was approved on 04/04/2020 by The Forward Bank reported 15 jobs and $205,000 was used to fund payroll.

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

PPP Loan Search / WI / CADOTT / Mag stainless, inc

MAG STAINLESS, INC

Date Approved

04/04/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

MAG STAINLESS, INC

Borrower Address

1153 250TH ST

Borrower City

CADOTT

Borrower State

WI

Borrower Zip

54727-4963

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

205000.00

Current Approval Amount

205000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79583

Servicing Lender Name

Forward Bank

Servicing Lender Address

1001 N Central Ave

Servicing Lender City

MARSHFIELD

Servicing Lender State

WI

Servicing Lender Zip

54449-2124

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CADOTT

Project County Name

CHIPPEWA

Project State

WI

Project Zip

54727-4963

CD

WI-07

Jobs Reported

15

NAICS Code

332439

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5032.00

Payroll Proceed

184968.00

Mortgage Interest Proceed

0.00

Rent Proceed

15000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

79583

Originating Lender

Forward Bank

Originating Lender City

MARSHFIELD

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

206548.89

Forgiveness Date

01/08/2021

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