PPP Loan information for Magna tech, inc.

$41,800

Magna tech, inc. was initially approved for PPP Loan of amount $41,800, the current approved amount is $41,800. The loan was approved on 05/05/2020 by The Community National Bank & Trust reported 5 jobs and $41,800 was used to fund payroll.

Magna tech, inc. is Existing or more than 2 years old

MAGNA TECH, INC.

Date Approved

05/05/2020

SBA Office Code

0709

Processing Method

PPP

Borrower Name

MAGNA TECH, INC.

Borrower Address

4331 S JOHNSON RD

Borrower City

CHANUTE

Borrower State

KS

Borrower Zip

66720-4015

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41800.00

Current Approval Amount

41800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

111871

Servicing Lender Name

Community National Bank & Trust

Servicing Lender Address

14 N Lincoln

Servicing Lender City

CHANUTE

Servicing Lender State

KS

Servicing Lender Zip

66720-1833

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHANUTE

Project County Name

NEOSHO

Project State

KS

Project Zip

66720-4015

CD

KS-02

Jobs Reported

5

NAICS Code

334417

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

41800.00

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

111871

Originating Lender

Community National Bank & Trust

Originating Lender City

CHANUTE

Originating Lender State

KS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

42123.95

Forgiveness Date

02/09/2021

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