PPP Loan information for Mag7 machining,llc

$30,795

Mag7 machining,llc was initially approved for PPP Loan of amount $30,795, the current approved amount is $30,795. The loan was approved on 04/27/2020 by The Bank of Frankewing reported 3 jobs and $30,795 was used to fund payroll.

Mag7 machining,llc is Existing or more than 2 years old

PPP Loan Search / TN / LYNNVILLE / Mag7 machining,llc

MAG7 MACHINING,LLC

Date Approved

04/27/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MAG7 MACHINING,LLC

Borrower Address

556 MT OLIVE CEMETERY RD

Borrower City

LYNNVILLE

Borrower State

TN

Borrower Zip

38472

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

30795.00

Current Approval Amount

30795.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66989

Servicing Lender Name

Bank of Frankewing

Servicing Lender Address

2324 Hwy 64

Servicing Lender City

FRANKEWING

Servicing Lender State

TN

Servicing Lender Zip

38459

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LYNNVILLE

Project County Name

GILES

Project State

TN

Project Zip

38472-0001

CD

TN-07

Jobs Reported

3

NAICS Code

333249

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

30795.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

66989

Originating Lender

Bank of Frankewing

Originating Lender City

FRANKEWING

Originating Lender State

TN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

26968.98

Forgiveness Date

12/28/2020

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