PPP Loan information for Magen's bay, inc

$255,000

Magen's bay, inc was initially approved for PPP Loan of amount $255,000, the current approved amount is $255,000. The loan was approved on 04/16/2020 by The Customers Bank reported 24 jobs and $255,000 was used to fund payroll.

Magen's bay, inc is Existing or more than 2 years old

PPP Loan Search / CO / Colorado Springs / Magen's bay, inc

MAGEN'S BAY, INC

Date Approved

04/16/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

MAGEN'S BAY, INC

Borrower Address

1539 Dustry Drive

Borrower City

Colorado Springs

Borrower State

CO

Borrower Zip

80905-2841

Loan Status Date

06/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

255000.00

Current Approval Amount

255000.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Colorado Springs

Project County Name

EL PASO

Project State

CO

Project Zip

80905-0001

CD

CO-05

Jobs Reported

24

NAICS Code

561499

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

255000.00

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

Sole Proprietorship

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

257584.93

Forgiveness Date

05/18/2021

;