PPP Loan information for Magis institute

$122,827

Magis institute was initially approved for PPP Loan of amount $122,827, the current approved amount is $122,827. The loan was approved on 02/10/2021 by The City National Bank reported 8 jobs and $122,827 was used to fund payroll.

Magis institute is Existing or more than 2 years old

PPP Loan Search / CA / Garden Grove / Magis institute

MAGIS INSTITUTE

Date Approved

02/10/2021

SBA Office Code

0920

Processing Method

PPS

Borrower Name

MAGIS INSTITUTE

Borrower Address

13280 Chapman Ave Christ Cathedral Tower-Ninth Floor

Borrower City

Garden Grove

Borrower State

CA

Borrower Zip

92840-4414

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

122827.00

Current Approval Amount

122827.00

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

92840-4414

CD

CA-45

Jobs Reported

8

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

122825.00

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

123853.36

Forgiveness Date

12/14/2021

;