PPP Loan information for Magazine exchange inc

$179,900

Magazine exchange inc was initially approved for PPP Loan of amount $179,700, the current approved amount is $179,900. The loan was approved on 04/04/2020 by The People's Bank of Commerce reported 15 jobs and $179,900 was used to fund payroll.

Magazine exchange inc is Existing or more than 2 years old

PPP Loan Search / OR / GRANTS PASS / Magazine exchange inc

MAGAZINE EXCHANGE INC

Date Approved

04/04/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

MAGAZINE EXCHANGE INC

Borrower Address

2165 NE Industry Dr

Borrower City

GRANTS PASS

Borrower State

OR

Borrower Zip

97526-1670

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

179700.00

Current Approval Amount

179900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122606

Servicing Lender Name

People's Bank of Commerce

Servicing Lender Address

1311 E Barnett Rd

Servicing Lender City

Medford

Servicing Lender State

OR

Servicing Lender Zip

97504

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRANTS PASS

Project County Name

JOSEPHINE

Project State

OR

Project Zip

97526-1670

CD

OR-02

Jobs Reported

15

NAICS Code

424990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

179900.00

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

Subchapter S Corporation

Originating Lender Location Id

122606

Originating Lender

People's Bank of Commerce

Originating Lender City

Medford

Originating Lender State

OR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

181169.29

Forgiveness Date

12/28/2020

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