PPP Loan information for Magellan financial

$127,748

Magellan financial was initially approved for PPP Loan of amount $127,748, the current approved amount is $127,748. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 7 jobs and $127,748 was used to fund payroll.

Magellan financial is Existing or more than 2 years old

PPP Loan Search / PA / ALLENTOWN / Magellan financial

MAGELLAN FINANCIAL

Date Approved

05/01/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

MAGELLAN FINANCIAL

Borrower Address

1605 N. CEDAR CREST BLVD. SUITE 111

Borrower City

ALLENTOWN

Borrower State

PA

Borrower Zip

18104

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

127748.00

Current Approval Amount

127748.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALLENTOWN

Project County Name

LEHIGH

Project State

PA

Project Zip

18104-0001

CD

PA-07

Jobs Reported

7

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

127748.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

128874.98

Forgiveness Date

03/29/2021

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