PPP Loan information for Magnet computer solutions

$42,065

Magnet computer solutions was initially approved for PPP Loan of amount $42,065, the current approved amount is $42,065. The loan was approved on 04/30/2020 by The Citizens Bank reported 3 jobs and $42,065 was used to fund payroll.

Magnet computer solutions is Existing or more than 2 years old

MAGNET COMPUTER SOLUTIONS

Date Approved

04/30/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MAGNET COMPUTER SOLUTIONS

Borrower Address

3011 NC HWY 42 W. SUITE C-144

Borrower City

WILSON

Borrower State

NC

Borrower Zip

27893

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42065.00

Current Approval Amount

42065.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66974

Servicing Lender Name

Citizens Bank

Servicing Lender Address

300 Broad St

Servicing Lender City

ELIZABETHTON

Servicing Lender State

TN

Servicing Lender Zip

37643-2715

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILSON

Project County Name

WILSON

Project State

NC

Project Zip

27893-0001

CD

NC-01

Jobs Reported

3

NAICS Code

811212

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

42065.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

66974

Originating Lender

Citizens Bank

Originating Lender City

ELIZABETHTON

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

42341.93

Forgiveness Date

12/31/2020

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