PPP Loan information for Magforce usa inc

$379,080

Magforce usa inc was initially approved for PPP Loan of amount $379,080, the current approved amount is $379,080. The loan was approved on 02/19/2021 by The Cache Valley Bank reported 23 jobs and $379,080 was used to fund payroll.

Magforce usa inc is Existing or more than 2 years old

PPP Loan Search / NV / Incline Village / Magforce usa inc

MAGFORCE USA INC

Date Approved

02/19/2021

SBA Office Code

0944

Processing Method

PPS

Borrower Name

MAGFORCE USA INC

Borrower Address

896 Southwood Blvd Unit 3

Borrower City

Incline Village

Borrower State

NV

Borrower Zip

89451-9565

Loan Status Date

02/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

379080.00

Current Approval Amount

379080.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Incline Village

Project County Name

WASHOE

Project State

NV

Project Zip

89451-9565

CD

NV-02

Jobs Reported

23

NAICS Code

339112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

379077.00

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

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

382186.35

Forgiveness Date

01/03/2022

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