PPP Loan information for Magna fabrics inc

$16,447

Magna fabrics inc was initially approved for PPP Loan of amount $16,447, the current approved amount is $16,447. The loan was approved on 04/16/2021 by The Bank of America, National Association reported 1 jobs and $16,447 was used to fund payroll.

Magna fabrics inc is Existing or more than 2 years old

PPP Loan Search / NJ / Cresskill / Magna fabrics inc

MAGNA FABRICS INC

Date Approved

04/16/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

MAGNA FABRICS INC

Borrower Address

160 Hoover Dr

Borrower City

Cresskill

Borrower State

NJ

Borrower Zip

07626-1716

Loan Status Date

02/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

16447.00

Current Approval Amount

16447.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cresskill

Project County Name

BERGEN

Project State

NJ

Project Zip

07626-1716

CD

NJ-05

Jobs Reported

1

NAICS Code

531120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

16447.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

16563.26

Forgiveness Date

01/03/2022

;