PPP Loan information for Magic metals machine shop inc.

$6,300

Magic metals machine shop inc. was initially approved for PPP Loan of amount $6,300, the current approved amount is $6,300. The loan was approved on 04/27/2020 by The Magnifi Financial CU reported 1 jobs and $6,300 was used to fund payroll.

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

PPP Loan Search / MN / PAYNESVILLE / Magic metals machine shop inc.

MAGIC METALS MACHINE SHOP INC.

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MAGIC METALS MACHINE SHOP INC.

Borrower Address

53237 390TH ST

Borrower City

PAYNESVILLE

Borrower State

MN

Borrower Zip

56362

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6300.00

Current Approval Amount

6300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PAYNESVILLE

Project County Name

STEARNS

Project State

MN

Project Zip

56362-0001

CD

MN-07

Jobs Reported

1

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

6300.00

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

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

6368.70

Forgiveness Date

06/04/2021

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