PPP Loan information for Mag wholesale corporation

$199,650

Mag wholesale corporation was initially approved for PPP Loan of amount $199,650, the current approved amount is $199,650. The loan was approved on 03/15/2021 by The JPMorgan Chase Bank, National Association reported 18 jobs and $199,650 was used to fund payroll.

Mag wholesale corporation is Existing or more than 2 years old

MAG WHOLESALE CORPORATION

Date Approved

03/15/2021

SBA Office Code

0455

Processing Method

PPS

Borrower Name

MAG WHOLESALE CORPORATION

Borrower Address

190 W 23rd St

Borrower City

Hialeah

Borrower State

FL

Borrower Zip

33010-2212

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

199650.00

Current Approval Amount

199650.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hialeah

Project County Name

MIAMI-DADE

Project State

FL

Project Zip

33010-2212

CD

FL-26

Jobs Reported

18

NAICS Code

423120

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

199648.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

201291.34

Forgiveness Date

01/13/2022

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