PPP Loan information for Magic city needlepoint

$5,773

Magic city needlepoint was initially approved for PPP Loan of amount $5,773, the current approved amount is $5,773. The loan was approved on 05/11/2020 by The Wells Fargo Bank, National Association reported 5 jobs and $5,773 was used to fund payroll.

Magic city needlepoint is New Business or 2 years or less

MAGIC CITY NEEDLEPOINT

Date Approved

05/11/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MAGIC CITY NEEDLEPOINT

Borrower Address

2531 ROCKY RIDGE ROAD STE. 121

Borrower City

VESTAVIA

Borrower State

AL

Borrower Zip

35216

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5773.00

Current Approval Amount

5773.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

VESTAVIA

Project County Name

JEFFERSON

Project State

AL

Project Zip

35216-0403

CD

AL-06

Jobs Reported

5

NAICS Code

451130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

5773.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

5826.30

Forgiveness Date

04/15/2021

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