PPP Loan information for Magnet, llc

$3,900,200

Magnet, llc was initially approved for PPP Loan of amount $3,900,298, the current approved amount is $3,900,200. The loan was approved on 04/09/2020 by The Arvest Bank reported 225 jobs and $3,900,200 was used to fund payroll.

Magnet, llc is Existing or more than 2 years old

PPP Loan Search / MO / WASHINGTON / Magnet, llc

MAGNET, LLC

Date Approved

04/09/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

MAGNET, LLC

Borrower Address

7 CHAMBER DR

Borrower City

WASHINGTON

Borrower State

MO

Borrower Zip

63090-5258

Loan Status Date

05/14/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3900298.00

Current Approval Amount

3900200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4282

Servicing Lender Name

Arvest Bank

Servicing Lender Address

75 N East Ave

Servicing Lender City

FAYETTEVILLE

Servicing Lender State

AR

Servicing Lender Zip

72701-6171

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WASHINGTON

Project County Name

FRANKLIN

Project State

MO

Project Zip

63090-5258

CD

MO-02

Jobs Reported

225

NAICS Code

339999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3900200.00

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

4282

Originating Lender

Arvest Bank

Originating Lender City

FAYETTEVILLE

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3817289.33

Forgiveness Date

07/16/2021

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