PPP Loan information for Magellan home-goods ltd

$65,500

Magellan home-goods ltd was initially approved for PPP Loan of amount $87,500, the current approved amount is $65,500. The loan was approved on 04/04/2020 by The First Savings Bank reported 3 jobs and $65,500 was used to fund payroll.

Magellan home-goods ltd is Existing or more than 2 years old

MAGELLAN HOME-GOODS LTD

Date Approved

04/04/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

MAGELLAN HOME-GOODS LTD

Borrower Address

225 Marine Drive

Borrower City

BLAINE

Borrower State

WA

Borrower Zip

98230-4001

Loan Status Date

03/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87500.00

Current Approval Amount

65500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

85120

Servicing Lender Name

First Savings Bank

Servicing Lender Address

702 N. Shore Dr. #300

Servicing Lender City

Jeffersonville

Servicing Lender State

IN

Servicing Lender Zip

47130

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLAINE

Project County Name

WHATCOM

Project State

WA

Project Zip

98230-4001

CD

WA-01

Jobs Reported

3

NAICS Code

541430

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

65500.00

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

85120

Originating Lender

First Savings Bank

Originating Lender City

Jeffersonville

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

65976.69

Forgiveness Date

01/26/2021

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