PPP Loan information for Magawall corporation

$333,517

Magawall corporation was initially approved for PPP Loan of amount $333,517, the current approved amount is $333,517. The loan was approved on 01/20/2021 by The ChoiceOne Bank reported 22 jobs and $333,517 was used to fund payroll.

Magawall corporation is Existing or more than 2 years old

MAGAWALL CORPORATION

Date Approved

01/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MAGAWALL CORPORATION

Borrower Address

5340 6 Mile Ct NW

Borrower City

Comstock Park

Borrower State

MI

Borrower Zip

49321-9634

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

333517.00

Current Approval Amount

333517.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36482

Servicing Lender Name

ChoiceOne Bank

Servicing Lender Address

109 E Division

Servicing Lender City

SPARTA

Servicing Lender State

MI

Servicing Lender Zip

49345-1337

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Comstock Park

Project County Name

KENT

Project State

MI

Project Zip

49321-9634

CD

MI-03

Jobs Reported

22

NAICS Code

321999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

333511.00

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

36482

Originating Lender

ChoiceOne Bank

Originating Lender City

SPARTA

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

335609.48

Forgiveness Date

09/15/2021

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