PPP Loan information for Magic beans llc

$335,000

Magic beans llc was initially approved for PPP Loan of amount $335,000, the current approved amount is $335,000. The loan was approved on 03/12/2021 by The Cambridge Trust Company reported 23 jobs and $335,000 was used to fund payroll.

Magic beans llc is Existing or more than 2 years old

MAGIC BEANS LLC

Date Approved

03/12/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

MAGIC BEANS LLC

Borrower Address

1 Westinghouse Plz Bldg K Hyde Park Ma 02136-2075

Borrower City

Hyde Park

Borrower State

MA

Borrower Zip

02136-2075

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

335000.00

Current Approval Amount

335000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32708

Servicing Lender Name

Cambridge Trust Company

Servicing Lender Address

1336 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3842

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hyde Park

Project County Name

SUFFOLK

Project State

MA

Project Zip

02136-2075

CD

MA-07

Jobs Reported

23

NAICS Code

424330

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

334994.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

32708

Originating Lender

Cambridge Trust Company

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

336749.44

Forgiveness Date

09/21/2021

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