PPP Loan information for Magnetic research and recycling, inc.

$61,045

Magnetic research and recycling, inc. was initially approved for PPP Loan of amount $61,045, the current approved amount is $61,045. The loan was approved on 04/06/2020 by The The Port Washington State Bank reported 3 jobs and $61,045 was used to fund payroll.

Magnetic research and recycling, inc. is Existing or more than 2 years old

PPP Loan Search / WI / BELGIUM / Magnetic research and recycling, inc.

MAGNETIC RESEARCH AND RECYCLING, INC.

Date Approved

04/06/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

MAGNETIC RESEARCH AND RECYCLING, INC.

Borrower Address

W3115 Belgium Rd.

Borrower City

BELGIUM

Borrower State

WI

Borrower Zip

53004

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

61045.00

Current Approval Amount

61045.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76676

Servicing Lender Name

The Port Washington State Bank

Servicing Lender Address

206 N Franklin St

Servicing Lender City

PORT WASHINGTON

Servicing Lender State

WI

Servicing Lender Zip

53074-1903

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BELGIUM

Project County Name

OZAUKEE

Project State

WI

Project Zip

53004-0001

CD

WI-06

Jobs Reported

3

NAICS Code

562920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

61045.00

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

76676

Originating Lender

The Port Washington State Bank

Originating Lender City

PORT WASHINGTON

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

61568.97

Forgiveness Date

02/17/2021

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