PPP Loan information for Magic fashion creation llc

$375,414

Magic fashion creation llc was initially approved for PPP Loan of amount $375,414, the current approved amount is $375,414. The loan was approved on 06/08/2020 by The Community Federal Savings Bank reported 25 jobs and $375,414 was used to fund payroll.

Magic fashion creation llc is Existing or more than 2 years old

MAGIC FASHION CREATION LLC

Date Approved

06/08/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

MAGIC FASHION CREATION LLC

Borrower Address

165 Himrod St

Borrower City

Brooklyn

Borrower State

NY

Borrower Zip

11221-3403

Loan Status Date

12/02/2021

Loan Status

Charged Off

Term

36

SBA Guaranty Percentage

100

Initial Approval Amount

375414.00

Current Approval Amount

375414.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225775

Servicing Lender Name

Community Federal Savings Bank

Servicing Lender Address

89-16 Jamaica Ave

Servicing Lender City

NEW YORK CITY

Servicing Lender State

NY

Servicing Lender Zip

11421-2040

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Brooklyn

Project County Name

KINGS

Project State

NY

Project Zip

11221-3403

CD

NY-07

Jobs Reported

25

NAICS Code

424330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

375414.00

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

225775

Originating Lender

Community Federal Savings Bank

Originating Lender City

NEW YORK CITY

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;