PPP Loan information for Magic cleaners inc

$31,904

Magic cleaners inc was initially approved for PPP Loan of amount $31,904, the current approved amount is $31,904. The loan was approved on 06/24/2020 by The Cross River Bank reported 8 jobs and $31,904 was used to fund payroll.

Magic cleaners inc is Existing or more than 2 years old

PPP Loan Search / MD / SILVER SPRING / Magic cleaners inc

MAGIC CLEANERS INC

Date Approved

06/24/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

MAGIC CLEANERS INC

Borrower Address

2404 EUGENE ST

Borrower City

SILVER SPRING

Borrower State

MD

Borrower Zip

20902-4706

Loan Status Date

03/23/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

31904.00

Current Approval Amount

31904.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SILVER SPRING

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20902-4706

CD

MD-08

Jobs Reported

8

NAICS Code

561720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

31904.00

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

529113

Originating Lender

Kabbage, Inc.

Originating Lender City

Atlanta

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

32107.66

Forgiveness Date

02/19/2021

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