Date Approved
04/28/2020
SBA Office Code
0944
Processing Method
PPP
Borrower Name
MAGIC WAND COMPANY
Borrower Address
1838 Frazer Avenue
Borrower City
Sparks
Borrower State
NV
Borrower Zip
89431
Loan Status Date
03/09/2022
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
100000.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
524612
Servicing Lender Name
Fountainhead SBF LLC
Servicing Lender Address
3216 W. Lake Mary Blvd
Servicing Lender City
LAKE MARY
Servicing Lender State
FL
Servicing Lender Zip
32746
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WASHOE
Project State
Project Zip
89431-0001
CD
NV-02
Jobs Reported
13
NAICS Code
453998
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
12500.00
Payroll Proceed
75000.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
100631
Originating Lender
Greater Nevada CU
Originating Lender City
CARSON CITY
Originating Lender State
Gender
Female Owned
Veteran
Non Profit
Forgiveness Amount
101052.78
Forgiveness Date
06/10/2021