PPP Loan information for Magic of volcano inc

$68,400

Magic of volcano inc was initially approved for PPP Loan of amount $68,400, the current approved amount is $68,400. The loan was approved on 04/28/2020 by The United Community Bank reported 18 jobs and $68,400 was used to fund payroll.

Magic of volcano inc is New Business or 2 years or less

MAGIC OF VOLCANO INC

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MAGIC OF VOLCANO INC

Borrower Address

461 N Route 73

Borrower City

WEST BERLIN

Borrower State

NJ

Borrower Zip

08091

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

68400.00

Current Approval Amount

68400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

WEST BERLIN

Project County Name

CAMDEN

Project State

NJ

Project Zip

08091-0001

CD

NJ-01

Jobs Reported

18

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

68400.00

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

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

68857.25

Forgiveness Date

01/07/2021

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