PPP Loan information for Magna house of barron county, llc

$32,500

Magna house of barron county, llc was initially approved for PPP Loan of amount $32,500, the current approved amount is $32,500. The loan was approved on 04/10/2020 by The Johnson Bank reported 8 jobs and $32,500 was used to fund payroll.

Magna house of barron county, llc is Existing or more than 2 years old

MAGNA HOUSE OF BARRON COUNTY, LLC

Date Approved

04/10/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

MAGNA HOUSE OF BARRON COUNTY, LLC

Borrower Address

615 E SAWYER ST

Borrower City

RICE LAKE

Borrower State

WI

Borrower Zip

54868-2505

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

32500.00

Current Approval Amount

32500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77025

Servicing Lender Name

Johnson Bank

Servicing Lender Address

555 Main St

Servicing Lender City

RACINE

Servicing Lender State

WI

Servicing Lender Zip

53403-1032

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RICE LAKE

Project County Name

BARRON

Project State

WI

Project Zip

54868-2505

CD

WI-07

Jobs Reported

8

NAICS Code

623210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4062.50

Payroll Proceed

24375.00

Mortgage Interest Proceed

0.00

Rent Proceed

4062.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

77025

Originating Lender

Johnson Bank

Originating Lender City

RACINE

Originating Lender State

WI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

32717.26

Forgiveness Date

12/17/2020

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