PPP Loan information for Magna gen inc.

$4,616

Magna gen inc. was initially approved for PPP Loan of amount $4,616, the current approved amount is $4,616. The loan was approved on 03/18/2021 by The Capital One, National Association reported 1 jobs and $4,616 was used to fund payroll.

Magna gen inc. is Existing or more than 2 years old

MAGNA GEN INC.

Date Approved

03/18/2021

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MAGNA GEN INC.

Borrower Address

16350 Cedar Springs Ave

Borrower City

Sand Lake

Borrower State

MI

Borrower Zip

49343-9466

Loan Status Date

08/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

4616.00

Current Approval Amount

4616.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28811

Servicing Lender Name

Capital One, National Association

Servicing Lender Address

1680 Capital One Dr

Servicing Lender City

MCLEAN

Servicing Lender State

VA

Servicing Lender Zip

22102-3407

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sand Lake

Project County Name

KENT

Project State

MI

Project Zip

49343-9466

CD

MI-02

Jobs Reported

1

NAICS Code

333999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

4613.00

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

28811

Originating Lender

Capital One, National Association

Originating Lender City

MCLEAN

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

4631.13

Forgiveness Date

07/21/2021

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