PPP Loan information for Magline inc.

$1,303,722

Magline inc. was initially approved for PPP Loan of amount $1,303,722, the current approved amount is $1,303,722. The loan was approved on 02/23/2021 by The The Huntington National Bank reported 107 jobs and $1,303,722 was used to fund payroll.

Magline inc. is Existing or more than 2 years old

PPP Loan Search / MI / Standish / Magline inc.

MAGLINE INC.

Date Approved

02/23/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MAGLINE INC.

Borrower Address

1205 W Cedar St

Borrower City

Standish

Borrower State

MI

Borrower Zip

48658-9535

Loan Status Date

08/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1303722.00

Current Approval Amount

1303722.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Standish

Project County Name

ARENAC

Project State

MI

Project Zip

48658-9535

CD

MI-05

Jobs Reported

107

NAICS Code

333924

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1303716.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1321509.77

Forgiveness Date

07/08/2022

;