PPP Loan information for Magic lube corporation of arkansas, inc.

$247,165

Magic lube corporation of arkansas, inc. was initially approved for PPP Loan of amount $247,165, the current approved amount is $247,165. The loan was approved on 04/06/2020 by The Partners Bank reported 23 jobs and $247,165 was used to fund payroll.

Magic lube corporation of arkansas, inc. is Existing or more than 2 years old

PPP Loan Search / AR / LITTLE ROCK / Magic lube corporation of arkansas, inc.

MAGIC LUBE CORPORATION OF ARKANSAS, INC.

Date Approved

04/06/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

MAGIC LUBE CORPORATION OF ARKANSAS, INC.

Borrower Address

10 Carmel Valley Lane

Borrower City

LITTLE ROCK

Borrower State

AR

Borrower Zip

72217-7448

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

247165.00

Current Approval Amount

247165.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4387

Servicing Lender Name

Partners Bank

Servicing Lender Address

302 Cherry St

Servicing Lender City

HELENA

Servicing Lender State

AR

Servicing Lender Zip

72342-3506

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LITTLE ROCK

Project County Name

PULASKI

Project State

AR

Project Zip

72217-7448

CD

AR-02

Jobs Reported

23

NAICS Code

811191

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

247165.00

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

4387

Originating Lender

Partners Bank

Originating Lender City

HELENA

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

249382.62

Forgiveness Date

03/09/2021

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