PPP Loan information for Magnetic current, llc

$3,842

Magnetic current, llc was initially approved for PPP Loan of amount $3,842, the current approved amount is $3,842. The loan was approved on 04/30/2020 by The Bank of America, National Association reported 1 jobs and $3,842 was used to fund payroll.

Magnetic current, llc is Existing or more than 2 years old

PPP Loan Search / VA / BROADLANDS / Magnetic current, llc

MAGNETIC CURRENT, LLC

Date Approved

04/30/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

MAGNETIC CURRENT, LLC

Borrower Address

22193 WITHERS GROVE CT

Borrower City

BROADLANDS

Borrower State

VA

Borrower Zip

20148-5321

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3842.00

Current Approval Amount

3842.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BROADLANDS

Project County Name

LOUDOUN

Project State

VA

Project Zip

20148-5321

CD

VA-10

Jobs Reported

1

NAICS Code

541870

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3842.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2858.82

Forgiveness Date

12/04/2020

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