PPP Loan information for Magna iv color imaging inc

$650,800

Magna iv color imaging inc was initially approved for PPP Loan of amount $650,800, the current approved amount is $650,800. The loan was approved on 01/21/2021 by The First Security Bank reported 58 jobs and $650,800 was used to fund payroll.

Magna iv color imaging inc is Existing or more than 2 years old

PPP Loan Search / AR / Little Rock / Magna iv color imaging inc

MAGNA IV COLOR IMAGING INC

Date Approved

01/21/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

MAGNA IV COLOR IMAGING INC

Borrower Address

2401 Commercial Ln

Borrower City

Little Rock

Borrower State

AR

Borrower Zip

72206-2509

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

650800.00

Current Approval Amount

650800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4754

Servicing Lender Name

First Security Bank

Servicing Lender Address

314 N Spring St

Servicing Lender City

SEARCY

Servicing Lender State

AR

Servicing Lender Zip

72143-7703

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Little Rock

Project County Name

PULASKI

Project State

AR

Project Zip

72206-2509

CD

AR-02

Jobs Reported

58

NAICS Code

323111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

650795.00

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

4754

Originating Lender

First Security Bank

Originating Lender City

SEARCY

Originating Lender State

AR

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

654289.01

Forgiveness Date

08/23/2021

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