PPP Loan information for Magnificat, inc.

$260,188

Magnificat, inc. was initially approved for PPP Loan of amount $260,188, the current approved amount is $260,188. The loan was approved on 04/29/2020 by The Bank of America, National Association reported 19 jobs and $260,188 was used to fund payroll.

Magnificat, inc. is Unanswered

MAGNIFICAT, INC.

Date Approved

04/29/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

MAGNIFICAT, INC.

Borrower Address

86 Main Street, Ste 303

Borrower City

YONKERS

Borrower State

NY

Borrower Zip

10701

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

260188.00

Current Approval Amount

260188.00

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

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

YONKERS

Project County Name

WESTCHESTER

Project State

NY

Project Zip

10701-0400

CD

NY-16

Jobs Reported

19

NAICS Code

511120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

260188.00

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

261927.34

Forgiveness Date

12/30/2020

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