PPP Loan information for Magna-matic corporation

$49,880

Magna-matic corporation was initially approved for PPP Loan of amount $49,880, the current approved amount is $49,880. The loan was approved on 04/13/2020 by The The Port Washington State Bank reported 6 jobs and $49,880 was used to fund payroll.

Magna-matic corporation is Existing or more than 2 years old

PPP Loan Search / WI / WALDO / Magna-matic corporation

MAGNA-MATIC CORPORATION

Date Approved

04/13/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

MAGNA-MATIC CORPORATION

Borrower Address

W4599 County Road IW

Borrower City

WALDO

Borrower State

WI

Borrower Zip

53093-1639

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49880.00

Current Approval Amount

49880.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76676

Servicing Lender Name

The Port Washington State Bank

Servicing Lender Address

206 N Franklin St

Servicing Lender City

PORT WASHINGTON

Servicing Lender State

WI

Servicing Lender Zip

53074-1903

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WALDO

Project County Name

SHEBOYGAN

Project State

WI

Project Zip

53093-1639

CD

WI-06

Jobs Reported

6

NAICS Code

333999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

49880.00

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

76676

Originating Lender

The Port Washington State Bank

Originating Lender City

PORT WASHINGTON

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50175.12

Forgiveness Date

11/17/2020

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