PPP Loan information for Magic city motorcycles, inc

$313,400

Magic city motorcycles, inc was initially approved for PPP Loan of amount $313,400, the current approved amount is $313,400. The loan was approved on 04/03/2020 by The First Western Bank & Trust reported 27 jobs and $313,400 was used to fund payroll.

Magic city motorcycles, inc is Existing or more than 2 years old

PPP Loan Search / ND / MINOT / Magic city motorcycles, inc

MAGIC CITY MOTORCYCLES, INC

Date Approved

04/03/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

MAGIC CITY MOTORCYCLES, INC

Borrower Address

6701 Hwy 83 S

Borrower City

MINOT

Borrower State

ND

Borrower Zip

58701-7636

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

313400.00

Current Approval Amount

313400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52905

Servicing Lender Name

First Western Bank & Trust

Servicing Lender Address

900 S Broadway

Servicing Lender City

MINOT

Servicing Lender State

ND

Servicing Lender Zip

58701-4658

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MINOT

Project County Name

WARD

Project State

ND

Project Zip

58701-7636

CD

ND-

Jobs Reported

27

NAICS Code

441228

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

313400.00

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

52905

Originating Lender

First Western Bank & Trust

Originating Lender City

MINOT

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

315315.22

Forgiveness Date

11/13/2020

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