PPP Loan information for Magic marine inc.

$122,847

Magic marine inc. was initially approved for PPP Loan of amount $122,847, the current approved amount is $122,847. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 11 jobs and $122,847 was used to fund payroll.

Magic marine inc. is New Business or 2 years or less

MAGIC MARINE INC.

Date Approved

05/01/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

MAGIC MARINE INC.

Borrower Address

1037 SW PINE ISLAND RD

Borrower City

CAPE CORAL

Borrower State

FL

Borrower Zip

33991-2147

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

122847.00

Current Approval Amount

122847.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

CAPE CORAL

Project County Name

LEE

Project State

FL

Project Zip

33991-2147

CD

FL-19

Jobs Reported

11

NAICS Code

441222

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

122847.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

123678.32

Forgiveness Date

01/08/2021

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