PPP Loan information for Magellan financial & insurance services, inc.

$618,900

Magellan financial & insurance services, inc. was initially approved for PPP Loan of amount $618,900, the current approved amount is $618,900. The loan was approved on 04/15/2020 by The Customers Bank reported 37 jobs and $618,900 was used to fund payroll.

Magellan financial & insurance services, inc. is Existing or more than 2 years old

MAGELLAN FINANCIAL & INSURANCE SERVICES, INC.

Date Approved

04/15/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

MAGELLAN FINANCIAL & INSURANCE SERVICES, INC.

Borrower Address

10575 North 114th Street, Ste 109

Borrower City

Scottsdale

Borrower State

AZ

Borrower Zip

85259

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

618900.00

Current Approval Amount

618900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Scottsdale

Project County Name

MARICOPA

Project State

AZ

Project Zip

85259-2100

CD

AZ-01

Jobs Reported

37

NAICS Code

523930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

618900.00

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

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

627361.13

Forgiveness Date

09/23/2021

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