PPP Loan information for Magnafuel products, inc.

$86,350

Magnafuel products, inc. was initially approved for PPP Loan of amount $86,350, the current approved amount is $86,350. The loan was approved on 04/06/2020 by The CrossFirst Bank reported 8 jobs and $86,350 was used to fund payroll.

Magnafuel products, inc. is Existing or more than 2 years old

PPP Loan Search / CO / PEYTON / Magnafuel products, inc.

MAGNAFUEL PRODUCTS, INC.

Date Approved

04/06/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

MAGNAFUEL PRODUCTS, INC.

Borrower Address

11710 MERIDIAN RD

Borrower City

PEYTON

Borrower State

CO

Borrower Zip

80831-8412

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

86350.00

Current Approval Amount

86350.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

450916

Servicing Lender Name

CrossFirst Bank

Servicing Lender Address

11440 Tomahawk Creek Pkwy

Servicing Lender City

LEAWOOD

Servicing Lender State

KS

Servicing Lender Zip

66211-2672

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PEYTON

Project County Name

EL PASO

Project State

CO

Project Zip

80831-8412

CD

CO-05

Jobs Reported

8

NAICS Code

336310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

86350.00

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

450916

Originating Lender

CrossFirst Bank

Originating Lender City

LEAWOOD

Originating Lender State

KS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

87185.11

Forgiveness Date

04/05/2021

;