PPP Loan information for Magical touch collision inc

$12,200

Magical touch collision inc was initially approved for PPP Loan of amount $12,200, the current approved amount is $12,200. The loan was approved on 05/01/2020 by The Bank of Ann Arbor reported 3 jobs and $12,200 was used to fund payroll.

Magical touch collision inc is New Business or 2 years or less

PPP Loan Search / MI / Melvindale / Magical touch collision inc

MAGICAL TOUCH COLLISION INC

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MAGICAL TOUCH COLLISION INC

Borrower Address

17700 Allen Rd

Borrower City

Melvindale

Borrower State

MI

Borrower Zip

48122-1058

Loan Status Date

02/17/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

12200.00

Current Approval Amount

12200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119903

Servicing Lender Name

Bank of Ann Arbor

Servicing Lender Address

125 S Fifth Ave

Servicing Lender City

ANN ARBOR

Servicing Lender State

MI

Servicing Lender Zip

48104-1910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Melvindale

Project County Name

WAYNE

Project State

MI

Project Zip

48122-1058

CD

MI-13

Jobs Reported

3

NAICS Code

811121

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

12200.00

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

119903

Originating Lender

Bank of Ann Arbor

Originating Lender City

ANN ARBOR

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

12407.57

Forgiveness Date

01/19/2022

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