PPP Loan information for Magic food corporation

$36,300

Magic food corporation was initially approved for PPP Loan of amount $36,300, the current approved amount is $36,300. The loan was approved on 04/29/2020 by The JPMorgan Chase Bank, National Association reported 5 jobs and $36,300 was used to fund payroll.

Magic food corporation is Existing or more than 2 years old

MAGIC FOOD CORPORATION

Date Approved

04/29/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

MAGIC FOOD CORPORATION

Borrower Address

31-09 23 Avenue

Borrower City

ASTORIA

Borrower State

NY

Borrower Zip

11105

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

36300.00

Current Approval Amount

36300.00

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

ASTORIA

Project County Name

QUEENS

Project State

NY

Project Zip

11105-1000

CD

NY-14

Jobs Reported

5

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3256.00

Payroll Proceed

23577.00

Mortgage Interest Proceed

0.00

Rent Proceed

9078.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

389

Business Type

Subchapter S Corporation

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

36706.14

Forgiveness Date

06/16/2021

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