PPP Loan information for Magic improvement inc

$15,017

Magic improvement inc was initially approved for PPP Loan of amount $15,017, the current approved amount is $15,017. The loan was approved on 01/31/2021 by The JPMorgan Chase Bank, National Association reported 2 jobs and $15,017 was used to fund payroll.

Magic improvement inc is Existing or more than 2 years old

MAGIC IMPROVEMENT INC

Date Approved

01/31/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

MAGIC IMPROVEMENT INC

Borrower Address

61 Malcolm Ave

Borrower City

Garfield

Borrower State

NJ

Borrower Zip

07026-1676

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

15017.00

Current Approval Amount

15017.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Garfield

Project County Name

BERGEN

Project State

NJ

Project Zip

07026-1676

CD

NJ-09

Jobs Reported

2

NAICS Code

236118

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

15015.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

15117.16

Forgiveness Date

10/06/2021

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