PPP Loan information for Magic transport, inc

$711,000

Magic transport, inc was initially approved for PPP Loan of amount $711,000, the current approved amount is $711,000. The loan was approved on 04/28/2020 by The Banco Popular de Puerto Rico reported 105 jobs and $711,000 was used to fund payroll.

Magic transport, inc is Existing or more than 2 years old

PPP Loan Search / PR / Toa Baja / Magic transport, inc

MAGIC TRANSPORT, INC

Date Approved

04/28/2020

SBA Office Code

0252

Processing Method

PPP

Borrower Name

MAGIC TRANSPORT, INC

Borrower Address

Pepsi Industrial Park PR2 Km 19.5 Int Barrio Candelaria

Borrower City

Toa Baja

Borrower State

PR

Borrower Zip

00949

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

711000.00

Current Approval Amount

711000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123840

Servicing Lender Name

Banco Popular de Puerto Rico

Servicing Lender Address

209 Avenida Luis Mu<td,n>oz Rivera

Servicing Lender City

SAN JUAN

Servicing Lender State

PR

Servicing Lender Zip

00918

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Toa Baja

Project County Name

TOA BAJA

Project State

PR

Project Zip

00949-1601

CD

PR-

Jobs Reported

105

NAICS Code

488510

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

711000.00

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

123840

Originating Lender

Banco Popular de Puerto Rico

Originating Lender City

SAN JUAN

Originating Lender State

PR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

715285.75

Forgiveness Date

12/08/2020

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