PPP Loan information for Magna chek, inc

$172,878

Magna chek, inc was initially approved for PPP Loan of amount $172,878, the current approved amount is $172,878. The loan was approved on 04/15/2020 by The The Huntington National Bank reported 30 jobs and $172,878 was used to fund payroll.

Magna chek, inc is Existing or more than 2 years old

PPP Loan Search / MI / Madison Heights / Magna chek, inc

MAGNA CHEK, INC

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MAGNA CHEK, INC

Borrower Address

32701 Edward Ave

Borrower City

Madison Heights

Borrower State

MI

Borrower Zip

48071

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

172877.68

Current Approval Amount

172877.68

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

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Madison Heights

Project County Name

OAKLAND

Project State

MI

Project Zip

48071-0001

CD

MI-11

Jobs Reported

30

NAICS Code

336411

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

172877.68

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

Corporation

Originating Lender Location Id

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

174412.27

Forgiveness Date

03/18/2021

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