PPP Loan information for Mags trucking inc

$565,081

Mags trucking inc was initially approved for PPP Loan of amount $565,081, the current approved amount is $565,081. The loan was approved on 04/16/2020 by The Centennial Bank reported 53 jobs and $565,081 was used to fund payroll.

Mags trucking inc is Existing or more than 2 years old

PPP Loan Search / AR / CABOT / Mags trucking inc

MAGS TRUCKING INC

Date Approved

04/16/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

MAGS TRUCKING INC

Borrower Address

90 MAGS DRIVE

Borrower City

CABOT

Borrower State

AR

Borrower Zip

72023

Loan Status Date

05/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

565081.30

Current Approval Amount

565081.30

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4392

Servicing Lender Name

Centennial Bank

Servicing Lender Address

620 Chestnut St

Servicing Lender City

CONWAY

Servicing Lender State

AR

Servicing Lender Zip

72032-5404

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CABOT

Project County Name

LONOKE

Project State

AR

Project Zip

72023-0001

CD

AR-01

Jobs Reported

53

NAICS Code

484121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

565081.30

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

4392

Originating Lender

Centennial Bank

Originating Lender City

CONWAY

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

570360.55

Forgiveness Date

03/31/2021

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