PPP Loan information for Magnet-schultz of america inc

$1,120,000

Magnet-schultz of america inc was initially approved for PPP Loan of amount $1,120,000, the current approved amount is $1,120,000. The loan was approved on 04/28/2020 by The PNC Bank, National Association reported 75 jobs and $1,120,000 was used to fund payroll.

Magnet-schultz of america inc is Unanswered

PPP Loan Search / IL / WESTMONT / Magnet-schultz of america inc

MAGNET-SCHULTZ OF AMERICA INC

Date Approved

04/28/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MAGNET-SCHULTZ OF AMERICA INC

Borrower Address

401 PLAZA DR

Borrower City

WESTMONT

Borrower State

IL

Borrower Zip

60559-1233

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1120000.00

Current Approval Amount

1120000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

WESTMONT

Project County Name

DUPAGE

Project State

IL

Project Zip

60559-1233

CD

IL-06

Jobs Reported

75

NAICS Code

332721

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1120000.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1132631.11

Forgiveness Date

06/11/2021

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