PPP Loan information for Magna spirits inc

$108,906

Magna spirits inc was initially approved for PPP Loan of amount $108,906, the current approved amount is $108,906. The loan was approved on 02/02/2021 by The Webster Bank National Association reported 17 jobs and $108,906 was used to fund payroll.

Magna spirits inc is Existing or more than 2 years old

PPP Loan Search / RI / Providence / Magna spirits inc

MAGNA SPIRITS INC

Date Approved

02/02/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

MAGNA SPIRITS INC

Borrower Address

122 Washington St

Borrower City

Providence

Borrower State

RI

Borrower Zip

02903-3306

Loan Status Date

09/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

108906.00

Current Approval Amount

108906.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15940

Servicing Lender Name

Webster Bank National Association

Servicing Lender Address

137 Bank St

Servicing Lender City

WATERBURY

Servicing Lender State

CT

Servicing Lender Zip

06702-2205

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Providence

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02903-3306

CD

RI-02

Jobs Reported

17

NAICS Code

722511

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

108902.00

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

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

109493.79

Forgiveness Date

08/27/2021

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