PPP Loan information for Magic trim inc

$40,000

Magic trim inc was initially approved for PPP Loan of amount $40,000, the current approved amount is $40,000. The loan was approved on 04/29/2020 by The Woori America Bank reported 3 jobs and $40,000 was used to fund payroll.

Magic trim inc is Existing or more than 2 years old

MAGIC TRIM INC

Date Approved

04/29/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MAGIC TRIM INC

Borrower Address

454 BROAD AVE 2FL

Borrower City

LEONIA

Borrower State

NJ

Borrower Zip

07605-1602

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40000.00

Current Approval Amount

40000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

49409

Servicing Lender Name

Woori America Bank

Servicing Lender Address

330 5th Avenue 3fl

Servicing Lender City

New York

Servicing Lender State

NY

Servicing Lender Zip

10001

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LEONIA

Project County Name

BERGEN

Project State

NJ

Project Zip

07605-1602

CD

NJ-05

Jobs Reported

3

NAICS Code

424310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

32000.00

Mortgage Interest Proceed

0.00

Rent Proceed

8000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

49409

Originating Lender

Woori America Bank

Originating Lender City

New York

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

37204.53

Forgiveness Date

11/27/2020

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