Date Approved
04/13/2020
SBA Office Code
0761
Processing Method
PPP
Borrower Name
MAGNET TRUCKING LLC
Borrower Address
62817 SUNSET DR
Borrower City
NEVADA
Borrower State
IA
Borrower Zip
50201-7984
Loan Status Date
04/07/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
25662.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
25336
Servicing Lender Name
VisionBank of Iowa
Servicing Lender Address
104 Chestnut St
Servicing Lender City
AMES
Servicing Lender State
Servicing Lender Zip
50010-8058
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
STORY
Project State
Project Zip
CD
IA-04
Jobs Reported
2
NAICS Code
484220
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
25886.54
Forgiveness Date
03/03/2021