PPP Loan information for Magic growers inc

$84,040

Magic growers inc was initially approved for PPP Loan of amount $84,040, the current approved amount is $84,040. The loan was approved on 02/01/2021 by The Wells Fargo Bank, National Association reported 14 jobs and $84,040 was used to fund payroll.

Magic growers inc is Existing or more than 2 years old

MAGIC GROWERS INC

Date Approved

02/01/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

MAGIC GROWERS INC

Borrower Address

2795 Eaton Canyon Dr

Borrower City

Pasadena

Borrower State

CA

Borrower Zip

91107-1006

Loan Status Date

07/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

84040.00

Current Approval Amount

84040.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Pasadena

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91107-1006

CD

CA-28

Jobs Reported

14

NAICS Code

111421

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

84038.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

85165.91

Forgiveness Date

06/09/2022

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