PPP Loan information for Magellan corp

$808,200

Magellan corp was initially approved for PPP Loan of amount $808,200, the current approved amount is $808,200. The loan was approved on 04/27/2020 by The PNC Bank, National Association reported 37 jobs and $808,200 was used to fund payroll.

Magellan corp is Unanswered

MAGELLAN CORP

Date Approved

04/27/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MAGELLAN CORP

Borrower Address

1650 LAKE COOK RD STE 300A

Borrower City

DEERFIELD

Borrower State

IL

Borrower Zip

60015

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

808200.00

Current Approval Amount

808200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

DEERFIELD

Project County Name

LAKE

Project State

IL

Project Zip

60015-0001

CD

IL-10

Jobs Reported

37

NAICS Code

423510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

808200.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

813857.40

Forgiveness Date

01/08/2021

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