PPP Loan information for Magellan international school

$1,121,600

Magellan international school was initially approved for PPP Loan of amount $1,121,600, the current approved amount is $1,121,600. The loan was approved on 04/06/2020 by The Horizon Bank, SSB reported 111 jobs and $1,121,600 was used to fund payroll.

Magellan international school is Existing or more than 2 years old

PPP Loan Search / TX / AUSTIN / Magellan international school

MAGELLAN INTERNATIONAL SCHOOL

Date Approved

04/06/2020

SBA Office Code

0681

Processing Method

PPP

Borrower Name

MAGELLAN INTERNATIONAL SCHOOL

Borrower Address

7938 Great Northern Blvd

Borrower City

AUSTIN

Borrower State

TX

Borrower Zip

78757-8035

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1121600.00

Current Approval Amount

1121600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

70134

Servicing Lender Name

Horizon Bank, SSB

Servicing Lender Address

600 Congress, Ste 400

Servicing Lender City

AUSTIN

Servicing Lender State

TX

Servicing Lender Zip

78701-2923

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AUSTIN

Project County Name

TRAVIS

Project State

TX

Project Zip

78757-8035

CD

TX-37

Jobs Reported

111

NAICS Code

611699

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1121600.00

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

Non-Profit Organization

Originating Lender Location Id

70134

Originating Lender

Horizon Bank, SSB

Originating Lender City

AUSTIN

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1129233.11

Forgiveness Date

12/10/2020

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