PPP Loan information for Magno auto repair & sales inc

$30,000

Magno auto repair & sales inc was initially approved for PPP Loan of amount $30,000, the current approved amount is $30,000. The loan was approved on 04/30/2020 by The Digital FCU reported 2 jobs and $30,000 was used to fund payroll.

Magno auto repair & sales inc is Existing or more than 2 years old

MAGNO AUTO REPAIR & SALES INC

Date Approved

04/30/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MAGNO AUTO REPAIR & SALES INC

Borrower Address

469 RIVER RD #3

Borrower City

HUDSON

Borrower State

MA

Borrower Zip

01749-2665

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

30000.00

Current Approval Amount

30000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

109589

Servicing Lender Name

Digital FCU

Servicing Lender Address

220 Donald Lynch Blvd

Servicing Lender City

MARLBOROUGH

Servicing Lender State

MA

Servicing Lender Zip

01752-4708

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUDSON

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01749-2665

CD

MA-03

Jobs Reported

2

NAICS Code

811111

Race

Black or African American

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

30000.00

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

109589

Originating Lender

Digital FCU

Originating Lender City

MARLBOROUGH

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

30226.67

Forgiveness Date

02/02/2021

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