PPP Loan information for Magnetar.us inc.

$503,605

Magnetar.us inc. was initially approved for PPP Loan of amount $503,605, the current approved amount is $503,605. The loan was approved on 01/27/2021 by The FFB Bank reported 27 jobs and $503,605 was used to fund payroll.

Magnetar.us inc. is Existing or more than 2 years old

MAGNETAR.US INC.

Date Approved

01/27/2021

SBA Office Code

0942

Processing Method

PPS

Borrower Name

MAGNETAR.US INC.

Borrower Address

4319 N Brawley Ave

Borrower City

Fresno

Borrower State

CA

Borrower Zip

93722-3916

Loan Status Date

02/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

503604.87

Current Approval Amount

503604.87

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

437389

Servicing Lender Name

FFB Bank

Servicing Lender Address

7690 N Palm Ave

Servicing Lender City

FRESNO

Servicing Lender State

CA

Servicing Lender Zip

93711-5772

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Fresno

Project County Name

FRESNO

Project State

CA

Project Zip

93722-3916

CD

CA-21

Jobs Reported

27

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

503604.87

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

437389

Originating Lender

FFB Bank

Originating Lender City

FRESNO

Originating Lender State

CA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

508682.89

Forgiveness Date

01/28/2022

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