PPP Loan information for Magnivity inc

$37,540

Magnivity inc was initially approved for PPP Loan of amount $37,540, the current approved amount is $37,540. The loan was approved on 04/30/2020 by The Cross River Bank reported 1 jobs and $37,540 was used to fund payroll.

Magnivity inc is Unanswered

MAGNIVITY INC

Date Approved

04/30/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MAGNIVITY INC

Borrower Address

2012 Midwest Club Parkway

Borrower City

Oak Brook

Borrower State

IL

Borrower Zip

60523

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

37540.00

Current Approval Amount

37540.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

Oak Brook

Project County Name

DUPAGE

Project State

IL

Project Zip

60523-0402

CD

IL-07

Jobs Reported

1

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

37540.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

37996.65

Forgiveness Date

07/20/2021

;