PPP Loan information for Maganti oil energy inc

$59,575

Maganti oil energy inc was initially approved for PPP Loan of amount $59,575, the current approved amount is $59,575. The loan was approved on 02/27/2021 by The Ion Bank reported 11 jobs and $59,575 was used to fund payroll.

Maganti oil energy inc is Existing or more than 2 years old

MAGANTI OIL ENERGY INC

Date Approved

02/27/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

MAGANTI OIL ENERGY INC

Borrower Address

956 West St

Borrower City

Southington

Borrower State

CT

Borrower Zip

06489-1022

Loan Status Date

12/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

59574.54

Current Approval Amount

59574.54

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16333

Servicing Lender Name

Ion Bank

Servicing Lender Address

87 Church St

Servicing Lender City

NAUGATUCK

Servicing Lender State

CT

Servicing Lender Zip

06770-4111

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Southington

Project County Name

HARTFORD

Project State

CT

Project Zip

06489-1022

CD

CT-01

Jobs Reported

11

NAICS Code

447110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

59572.54

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

16333

Originating Lender

Ion Bank

Originating Lender City

NAUGATUCK

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

59998.91

Forgiveness Date

11/22/2021

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