PPP Loan information for Magco products inc

$14,506

Magco products inc was initially approved for PPP Loan of amount $14,506, the current approved amount is $14,506. The loan was approved on 08/04/2020 by The The Huntington National Bank reported 4 jobs and $14,506 was used to fund payroll.

Magco products inc is Existing or more than 2 years old

PPP Loan Search / OH / Newark / Magco products inc

MAGCO PRODUCTS INC

Date Approved

08/04/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

MAGCO PRODUCTS INC

Borrower Address

140 Westgate Dr

Borrower City

Newark

Borrower State

OH

Borrower Zip

43050

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

14506.00

Current Approval Amount

14506.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

KNOX

Project State

OH

Project Zip

43050-0001

CD

OH-12

Jobs Reported

4

NAICS Code

451120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

14506.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

14489.52

Forgiveness Date

01/06/2022

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