PPP Loan information for Magis institute

$57,482

Magis institute was initially approved for PPP Loan of amount $57,482, the current approved amount is $57,482. The loan was approved on 04/10/2020 by The City National Bank reported 6 jobs and $57,482 was used to fund payroll.

Magis institute is Existing or more than 2 years old

MAGIS INSTITUTE

Date Approved

04/10/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

MAGIS INSTITUTE

Borrower Address

13280 CHAPMAN AVE Fl9

Borrower City

GARDEN GROVE

Borrower State

CA

Borrower Zip

92840-4400

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

57482.00

Current Approval Amount

57482.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GARDEN GROVE

Project County Name

ORANGE

Project State

CA

Project Zip

92840-4400

CD

CA-45

Jobs Reported

6

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

57482.00

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

Non-Profit Organization

Originating Lender Location Id

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

58104.07

Forgiveness Date

06/01/2021

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