PPP Loan information for Magic city auto reconditioning services, inc

$312,900

Magic city auto reconditioning services, inc was initially approved for PPP Loan of amount $312,900, the current approved amount is $312,900. The loan was approved on 04/08/2020 by The Rocky Mountain Bank reported 34 jobs and $312,900 was used to fund payroll.

Magic city auto reconditioning services, inc is Existing or more than 2 years old

MAGIC CITY AUTO RECONDITIONING SERVICES, INC

Date Approved

04/08/2020

SBA Office Code

0885

Processing Method

PPP

Borrower Name

MAGIC CITY AUTO RECONDITIONING SERVICES, INC

Borrower Address

2904 GABEL ROAD

Borrower City

BILLINGS

Borrower State

MT

Borrower Zip

59102-7333

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

312900.00

Current Approval Amount

312900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41872

Servicing Lender Name

Rocky Mountain Bank

Servicing Lender Address

2615 King Ave West

Servicing Lender City

BILLINGS

Servicing Lender State

MT

Servicing Lender Zip

59102-6427

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BILLINGS

Project County Name

YELLOWSTONE

Project State

MT

Project Zip

59102-7333

CD

MT-02

Jobs Reported

34

NAICS Code

811121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

312900.00

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

Subchapter S Corporation

Originating Lender Location Id

41872

Originating Lender

Rocky Mountain Bank

Originating Lender City

BILLINGS

Originating Lender State

MT

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

304775.49

Forgiveness Date

11/27/2020

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