PPP Loan information for Magic development llc

$229,250

Magic development llc was initially approved for PPP Loan of amount $229,250, the current approved amount is $229,250. The loan was approved on 04/01/2021 by The JPMorgan Chase Bank, National Association reported 23 jobs and $229,250 was used to fund payroll.

Magic development llc is Existing or more than 2 years old

MAGIC DEVELOPMENT LLC

Date Approved

04/01/2021

SBA Office Code

0455

Processing Method

PPS

Borrower Name

MAGIC DEVELOPMENT LLC

Borrower Address

7430 Brooklyn Dr

Borrower City

Kissimmee

Borrower State

FL

Borrower Zip

34747-1790

Loan Status Date

07/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

229250.00

Current Approval Amount

229250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kissimmee

Project County Name

OSCEOLA

Project State

FL

Project Zip

34747-1790

CD

FL-09

Jobs Reported

23

NAICS Code

531390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

229248.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

232045.83

Forgiveness Date

06/28/2022

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