PPP Loan information for Magic-wrighter inc.

$921,000

Magic-wrighter inc. was initially approved for PPP Loan of amount $921,000, the current approved amount is $921,000. The loan was approved on 02/10/2021 by The Comerica Bank reported 55 jobs and $921,000 was used to fund payroll.

Magic-wrighter inc. is Existing or more than 2 years old

PPP Loan Search / MI / Grand Rapids / Magic-wrighter inc.

MAGIC-WRIGHTER INC.

Date Approved

02/10/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MAGIC-WRIGHTER INC.

Borrower Address

1039 3 Mile Rd NW

Borrower City

Grand Rapids

Borrower State

MI

Borrower Zip

49544-1606

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

921000.00

Current Approval Amount

921000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Grand Rapids

Project County Name

KENT

Project State

MI

Project Zip

49544-1606

CD

MI-03

Jobs Reported

55

NAICS Code

518210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

920996.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

926193.42

Forgiveness Date

09/08/2021

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