PPP Loan information for Magic touch 1 inc.

$17,300

Magic touch 1 inc. was initially approved for PPP Loan of amount $25,300, the current approved amount is $17,300. The loan was approved on 04/29/2020 by The Summit CU reported 6 jobs and $17,300 was used to fund payroll.

Magic touch 1 inc. is Existing or more than 2 years old

MAGIC TOUCH 1 INC.

Date Approved

04/29/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

MAGIC TOUCH 1 INC.

Borrower Address

902 S MAIN ST

Borrower City

SAUKVILLE

Borrower State

WI

Borrower Zip

53080-2118

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

25300.00

Current Approval Amount

17300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

108074

Servicing Lender Name

Summit CU

Servicing Lender Address

1709 Landmark Dr

Servicing Lender City

COTTAGE GROVE

Servicing Lender State

WI

Servicing Lender Zip

53527-8957

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAUKVILLE

Project County Name

OZAUKEE

Project State

WI

Project Zip

53080-2118

CD

WI-06

Jobs Reported

6

NAICS Code

561790

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

17300.00

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

108074

Originating Lender

Summit CU

Originating Lender City

COTTAGE GROVE

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

9360.13

Forgiveness Date

12/22/2020

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