PPP Loan information for Magnivest inc.

$143,395

Magnivest inc. was initially approved for PPP Loan of amount $143,395, the current approved amount is $143,395. The loan was approved on 04/15/2020 by The U.S. Bank, National Association reported 13 jobs and $143,395 was used to fund payroll.

Magnivest inc. is Existing or more than 2 years old

MAGNIVEST INC.

Date Approved

04/15/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

MAGNIVEST INC.

Borrower Address

16918 E Colony Dr

Borrower City

FOUNTAIN HILLS

Borrower State

AZ

Borrower Zip

85268

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

143395.00

Current Approval Amount

143395.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FOUNTAIN HILLS

Project County Name

MARICOPA

Project State

AZ

Project Zip

85268-0001

CD

AZ-01

Jobs Reported

13

NAICS Code

561710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

143395.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

144422.66

Forgiveness Date

01/07/2021

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