PPP Loan information for Magic cottage llc

$140,031

Magic cottage llc was initially approved for PPP Loan of amount $140,031, the current approved amount is $140,031. The loan was approved on 04/15/2020 by The The First National Bank and Trust Company of Newtown reported 25 jobs and $140,031 was used to fund payroll.

Magic cottage llc is Existing or more than 2 years old

MAGIC COTTAGE LLC

Date Approved

04/15/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

MAGIC COTTAGE LLC

Borrower Address

128 APPLETREE DR

Borrower City

LEVITTOWN

Borrower State

PA

Borrower Zip

19055-1239

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

140031.00

Current Approval Amount

140031.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

61158

Servicing Lender Name

The First National Bank and Trust Company of Newtown

Servicing Lender Address

40 S State St

Servicing Lender City

NEWTOWN

Servicing Lender State

PA

Servicing Lender Zip

18940-1953

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LEVITTOWN

Project County Name

BUCKS

Project State

PA

Project Zip

19055-1239

CD

PA-01

Jobs Reported

25

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

26006.00

Payroll Proceed

104025.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

10000.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

61158

Originating Lender

The First National Bank and Trust Company of Newtown

Originating Lender City

NEWTOWN

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

141043.83

Forgiveness Date

01/07/2021

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