PPP Loan information for Magellan holdings, inc

$215,800

Magellan holdings, inc was initially approved for PPP Loan of amount $215,800, the current approved amount is $215,800. The loan was approved on 04/04/2020 by The Live Oak Banking Company reported 22 jobs and $215,800 was used to fund payroll.

Magellan holdings, inc is New Business or 2 years or less

MAGELLAN HOLDINGS, INC

Date Approved

04/04/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

MAGELLAN HOLDINGS, INC

Borrower Address

199 North 209 West, Suite 200

Borrower City

Lindon

Borrower State

UT

Borrower Zip

84042

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

215800.00

Current Approval Amount

215800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Lindon

Project County Name

UTAH

Project State

UT

Project Zip

84042-1100

CD

UT-03

Jobs Reported

22

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

215800.00

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

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

207074.27

Forgiveness Date

11/23/2020

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