PPP Loan information for Magic metals, inc.

$1,923,935

Magic metals, inc. was initially approved for PPP Loan of amount $1,923,935, the current approved amount is $1,923,935. The loan was approved on 04/27/2020 by The Umpqua Bank reported 129 jobs and $1,923,935 was used to fund payroll.

Magic metals, inc. is Existing or more than 2 years old

PPP Loan Search / WA / UNION GAP / Magic metals, inc.

MAGIC METALS, INC.

Date Approved

04/27/2020

SBA Office Code

1094

Processing Method

PPP

Borrower Name

MAGIC METALS, INC.

Borrower Address

3401 BAY ST

Borrower City

UNION GAP

Borrower State

WA

Borrower Zip

98903-1886

Loan Status Date

05/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1923935.00

Current Approval Amount

1923935.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59698

Servicing Lender Name

Umpqua Bank

Servicing Lender Address

445 SE Main St, First Fl

Servicing Lender City

ROSEBURG

Servicing Lender State

OR

Servicing Lender Zip

97470-4934

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

UNION GAP

Project County Name

YAKIMA

Project State

WA

Project Zip

98903-1886

CD

WA-04

Jobs Reported

129

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1923935.00

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

Subchapter S Corporation

Originating Lender Location Id

59698

Originating Lender

Umpqua Bank

Originating Lender City

ROSEBURG

Originating Lender State

OR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1941645.74

Forgiveness Date

03/31/2021

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