PPP Loan information for Magic auto care inc

$29,327

Magic auto care inc was initially approved for PPP Loan of amount $58,654, the current approved amount is $29,327. The loan was approved on 04/30/2020 by The JPMorgan Chase Bank, National Association reported 2 jobs and $29,327 was used to fund payroll.

Magic auto care inc is Existing or more than 2 years old

PPP Loan Search / NJ / BELLEVILLE / Magic auto care inc

MAGIC AUTO CARE INC

Date Approved

04/30/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MAGIC AUTO CARE INC

Borrower Address

330 LITTLE ST

Borrower City

BELLEVILLE

Borrower State

NJ

Borrower Zip

07109

Loan Status Date

09/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

58654.00

Current Approval Amount

29327.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BELLEVILLE

Project County Name

ESSEX

Project State

NJ

Project Zip

07109-0001

CD

NJ-11

Jobs Reported

2

NAICS Code

811121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1261.00

Payroll Proceed

23462.00

Mortgage Interest Proceed

279.00

Rent Proceed

800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1907.00

Debt Interest Proceed

1618

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20510.46

Forgiveness Date

05/18/2021

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