PPP Loan information for Magnet solutions, inc.

$462,500

Magnet solutions, inc. was initially approved for PPP Loan of amount $462,500, the current approved amount is $462,500. The loan was approved on 04/03/2020 by The Platte Valley Bank reported 35 jobs and $462,500 was used to fund payroll.

Magnet solutions, inc. is Existing or more than 2 years old

PPP Loan Search / NE / SCOTTSBLUFF / Magnet solutions, inc.

MAGNET SOLUTIONS, INC.

Date Approved

04/03/2020

SBA Office Code

0766

Processing Method

PPP

Borrower Name

MAGNET SOLUTIONS, INC.

Borrower Address

2223 Broadway

Borrower City

SCOTTSBLUFF

Borrower State

NE

Borrower Zip

69361-1906

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

462500.00

Current Approval Amount

462500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120881

Servicing Lender Name

Platte Valley Bank

Servicing Lender Address

1212 Circle Dr

Servicing Lender City

SCOTTSBLUFF

Servicing Lender State

NE

Servicing Lender Zip

69361-2790

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SCOTTSBLUFF

Project County Name

SCOTTS BLUFF

Project State

NE

Project Zip

69361-1906

CD

NE-03

Jobs Reported

35

NAICS Code

561440

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

462500.00

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

Subchapter S Corporation

Originating Lender Location Id

120881

Originating Lender

Platte Valley Bank

Originating Lender City

SCOTTSBLUFF

Originating Lender State

NE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

465776.04

Forgiveness Date

12/22/2020

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