PPP Loan information for Magnet works, ltd.

$734,400

Magnet works, ltd. was initially approved for PPP Loan of amount $734,400, the current approved amount is $734,400. The loan was approved on 04/13/2020 by The Enterprise Bank & Trust reported 77 jobs and $734,400 was used to fund payroll.

Magnet works, ltd. is Existing or more than 2 years old

PPP Loan Search / MO / FENTON / Magnet works, ltd.

MAGNET WORKS, LTD.

Date Approved

04/13/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

MAGNET WORKS, LTD.

Borrower Address

601 GRAVOIS BLUFFS BLVD

Borrower City

FENTON

Borrower State

MO

Borrower Zip

63026-7730

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

734400.00

Current Approval Amount

734400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112407

Servicing Lender Name

Enterprise Bank & Trust

Servicing Lender Address

150 N Meramec Ave

Servicing Lender City

CLAYTON

Servicing Lender State

MO

Servicing Lender Zip

63105-3779

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FENTON

Project County Name

SAINT LOUIS

Project State

MO

Project Zip

63026-7730

CD

MO-02

Jobs Reported

77

NAICS Code

424990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

734400.00

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

112407

Originating Lender

Enterprise Bank & Trust

Originating Lender City

CLAYTON

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

744130.80

Forgiveness Date

08/18/2021

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