PPP Loan information for Magen development corp

$49,980

Magen development corp was initially approved for PPP Loan of amount $49,980, the current approved amount is $49,980. The loan was approved on 01/23/2021 by The Manufacturers and Traders Trust Company reported 6 jobs and $49,980 was used to fund payroll.

Magen development corp is Existing or more than 2 years old

MAGEN DEVELOPMENT CORP

Date Approved

01/23/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

MAGEN DEVELOPMENT CORP

Borrower Address

542 Tarrytown Rd

Borrower City

White Plains

Borrower State

NY

Borrower Zip

10607-1316

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

49980.00

Current Approval Amount

49980.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

White Plains

Project County Name

WESTCHESTER

Project State

NY

Project Zip

10607-1316

CD

NY-16

Jobs Reported

6

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

49979.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50603.04

Forgiveness Date

05/03/2022

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