PPP Loan information for Magnadrive corp

$166,000

Magnadrive corp was initially approved for PPP Loan of amount $166,000, the current approved amount is $166,000. The loan was approved on 04/30/2020 by The JPMorgan Chase Bank, National Association reported 10 jobs and $166,000 was used to fund payroll.

Magnadrive corp is Unanswered

MAGNADRIVE CORP

Date Approved

04/30/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

MAGNADRIVE CORP

Borrower Address

14660 NE North Woodinville Way #100

Borrower City

WOODINVILLE

Borrower State

WA

Borrower Zip

98072

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

166000.00

Current Approval Amount

166000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

WOODINVILLE

Project County Name

KING

Project State

WA

Project Zip

98072-0001

CD

WA-01

Jobs Reported

10

NAICS Code

333318

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

166000.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

167735.25

Forgiveness Date

05/21/2021

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