PPP Loan information for Magpol construction llc

$62,500

Magpol construction llc was initially approved for PPP Loan of amount $62,500, the current approved amount is $62,500. The loan was approved on 04/27/2020 by The United Poles FCU reported 6 jobs and $62,500 was used to fund payroll.

Magpol construction llc is Existing or more than 2 years old

MAGPOL CONSTRUCTION LLC

Date Approved

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MAGPOL CONSTRUCTION LLC

Borrower Address

16 MARSHALL PL

Borrower City

SAYREVILLE

Borrower State

NJ

Borrower Zip

08872-1042

Loan Status Date

11/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62500.00

Current Approval Amount

62500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

101076

Servicing Lender Name

United Poles FCU

Servicing Lender Address

412 New Brunswick Ave

Servicing Lender City

PERTH AMBOY

Servicing Lender State

NJ

Servicing Lender Zip

08861-3970

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAYREVILLE

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08872-1042

CD

NJ-06

Jobs Reported

6

NAICS Code

236118

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

62500.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

101076

Originating Lender

United Poles FCU

Originating Lender City

PERTH AMBOY

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

62804.79

Forgiveness Date

10/23/2020

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