PPP Loan information for Magical scraps inc.

$29,522

Magical scraps inc. was initially approved for PPP Loan of amount $29,522, the current approved amount is $29,522. The loan was approved on 03/12/2021 by The Cross River Bank reported 5 jobs and $29,522 was used to fund payroll.

Magical scraps inc. is Existing or more than 2 years old

MAGICAL SCRAPS INC.

Date Approved

03/12/2021

SBA Office Code

0811

Processing Method

PPS

Borrower Name

MAGICAL SCRAPS INC.

Borrower Address

310 South Main Street/ 2417

Borrower City

Breckenridge

Borrower State

CO

Borrower Zip

80424

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

29522.00

Current Approval Amount

29522.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Breckenridge

Project County Name

SUMMIT

Project State

CO

Project Zip

80424

CD

CO-02

Jobs Reported

5

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

29518.00

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

Subchapter S Corporation

Originating Lender Location Id

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

29669.21

Forgiveness Date

09/14/2021

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