PPP Loan information for Magretech, llc

$781,500

Magretech, llc was initially approved for PPP Loan of amount $781,500, the current approved amount is $781,500. The loan was approved on 04/03/2020 by The The First National Bank Bellevue reported 72 jobs and $781,500 was used to fund payroll.

Magretech, llc is Existing or more than 2 years old

PPP Loan Search / OH / BELLEVUE / Magretech, llc

MAGRETECH, LLC

Date Approved

04/03/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

MAGRETECH, LLC

Borrower Address

301 COUNTY ROAD 177

Borrower City

BELLEVUE

Borrower State

OH

Borrower Zip

44811-8713

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

781500.00

Current Approval Amount

781500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53285

Servicing Lender Name

The First National Bank Bellevue

Servicing Lender Address

120 North St

Servicing Lender City

BELLEVUE

Servicing Lender State

OH

Servicing Lender Zip

44811-1422

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BELLEVUE

Project County Name

SANDUSKY

Project State

OH

Project Zip

44811-8713

CD

OH-09

Jobs Reported

72

NAICS Code

331492

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

781500.00

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

53285

Originating Lender

The First National Bank Bellevue

Originating Lender City

BELLEVUE

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

790443.83

Forgiveness Date

05/27/2021

;