PPP Loan information for Magic auto corp

$152,800

Magic auto corp was initially approved for PPP Loan of amount $152,800, the current approved amount is $152,800. The loan was approved on 02/19/2021 by The Banco Popular de Puerto Rico reported 19 jobs and $152,800 was used to fund payroll.

Magic auto corp is Existing or more than 2 years old

PPP Loan Search / PR / PONCE / Magic auto corp

MAGIC AUTO CORP

Date Approved

02/19/2021

SBA Office Code

0252

Processing Method

PPS

Borrower Name

MAGIC AUTO CORP

Borrower Address

KM 22 HM 8 PR 591 MARGINAL PUNTO ORO

Borrower City

PONCE

Borrower State

PR

Borrower Zip

00795

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

152800.00

Current Approval Amount

152800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123840

Servicing Lender Name

Banco Popular de Puerto Rico

Servicing Lender Address

209 Avenida Luis Mu<td,n>oz Rivera

Servicing Lender City

SAN JUAN

Servicing Lender State

PR

Servicing Lender Zip

00918

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PONCE

Project County Name

JUANA DIAZ

Project State

PR

Project Zip

00795

CD

PR-

Jobs Reported

19

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

152800.00

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

123840

Originating Lender

Banco Popular de Puerto Rico

Originating Lender City

SAN JUAN

Originating Lender State

PR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

154137.00

Forgiveness Date

01/06/2022

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