PPP Loan information for Magnusson institute

$155,617

Magnusson institute was initially approved for PPP Loan of amount $155,617, the current approved amount is $155,617. The loan was approved on 03/02/2021 by The Fountainhead SBF LLC reported 8 jobs and $155,617 was used to fund payroll.

Magnusson institute is Existing or more than 2 years old

MAGNUSSON INSTITUTE

Date Approved

03/02/2021

SBA Office Code

0944

Processing Method

PPS

Borrower Name

MAGNUSSON INSTITUTE

Borrower Address

1 E Liberty St

Borrower City

Reno

Borrower State

NV

Borrower Zip

89501-2097

Loan Status Date

03/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

155617.00

Current Approval Amount

155617.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

524612

Servicing Lender Name

Fountainhead SBF LLC

Servicing Lender Address

3216 W. Lake Mary Blvd

Servicing Lender City

LAKE MARY

Servicing Lender State

FL

Servicing Lender Zip

32746

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Reno

Project County Name

WASHOE

Project State

NV

Project Zip

89501-2097

CD

NV-02

Jobs Reported

8

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

155617.00

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

Non-Profit Organization

Originating Lender Location Id

100631

Originating Lender

Greater Nevada CU

Originating Lender City

CARSON CITY

Originating Lender State

NV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

156974.33

Forgiveness Date

01/21/2022

;