PPP Loan information for Magnet enterprise llc

$7,692

Magnet enterprise llc was initially approved for PPP Loan of amount $7,692, the current approved amount is $7,692. The loan was approved on 02/11/2021 by The First Community Bank reported 10 jobs and $7,692 was used to fund payroll.

Magnet enterprise llc is Existing or more than 2 years old

PPP Loan Search / SC / Newberry / Magnet enterprise llc

MAGNET ENTERPRISE LLC

Date Approved

02/11/2021

SBA Office Code

0464

Processing Method

PPP

Borrower Name

MAGNET ENTERPRISE LLC

Borrower Address

1433 Wilson Rd

Borrower City

Newberry

Borrower State

SC

Borrower Zip

29108-3049

Loan Status Date

09/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

7692.00

Current Approval Amount

7692.00

Undisbursed Amount

0.00

Franchise Name

Pelican's SnoBalls

Servicing Lender Location Id

119475

Servicing Lender Name

First Community Bank

Servicing Lender Address

5455 Sunset Blvd

Servicing Lender City

LEXINGTON

Servicing Lender State

SC

Servicing Lender Zip

29072-9161

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newberry

Project County Name

NEWBERRY

Project State

SC

Project Zip

29108-3049

CD

SC-03

Jobs Reported

10

NAICS Code

445299

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

7690.00

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

Partnership

Originating Lender Location Id

119475

Originating Lender

First Community Bank

Originating Lender City

LEXINGTON

Originating Lender State

SC

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

7729.18

Forgiveness Date

08/10/2021

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