PPP Loan information for Magni group inc, the

$161,778

Magni group inc, the was initially approved for PPP Loan of amount $161,778, the current approved amount is $161,778. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 15 jobs and $161,778 was used to fund payroll.

Magni group inc, the is New Business or 2 years or less

MAGNI GROUP INC, THE

Date Approved

05/01/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

MAGNI GROUP INC, THE

Borrower Address

7106 WELLINGTON POINT RD

Borrower City

MCKINNEY

Borrower State

TX

Borrower Zip

75072-5705

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

161778.00

Current Approval Amount

161778.00

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

New Business or 2 years or less

Project City

MCKINNEY

Project County Name

COLLIN

Project State

TX

Project Zip

75072-5705

CD

TX-03

Jobs Reported

15

NAICS Code

325412

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

161778.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

162559.08

Forgiveness Date

02/19/2021

;