PPP Loan information for Magna scooter llc

$61,962

Magna scooter llc was initially approved for PPP Loan of amount $61,962, the current approved amount is $61,962. The loan was approved on 02/27/2021 by The Truist Bank reported 18 jobs and $61,962 was used to fund payroll.

Magna scooter llc is Existing or more than 2 years old

PPP Loan Search / VA / Luray / Magna scooter llc

MAGNA SCOOTER LLC

Date Approved

02/27/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

MAGNA SCOOTER LLC

Borrower Address

9 Campbell St

Borrower City

Luray

Borrower State

VA

Borrower Zip

22835-1908

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

61961.69

Current Approval Amount

61961.69

Undisbursed Amount

0.00

Franchise Name

Hot Head Burritos

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Luray

Project County Name

PAGE

Project State

VA

Project Zip

22835-1908

CD

VA-06

Jobs Reported

18

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

61959.69

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

Limited Liability Company(LLC)

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

62323.13

Forgiveness Date

09/29/2021

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