PPP Loan information for Magsphere inc.

$58,730

Magsphere inc. was initially approved for PPP Loan of amount $58,730, the current approved amount is $58,730. The loan was approved on 03/20/2021 by The East West Bank reported 5 jobs and $58,730 was used to fund payroll.

Magsphere inc. is Existing or more than 2 years old

PPP Loan Search / CA / Pasadena / Magsphere inc.

MAGSPHERE INC.

Date Approved

03/20/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

MAGSPHERE INC.

Borrower Address

1993 Locust St 1993 Locust St

Borrower City

Pasadena

Borrower State

CA

Borrower Zip

91107-3238

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

58730.00

Current Approval Amount

58730.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119918

Servicing Lender Name

East West Bank

Servicing Lender Address

135 N Los Robles Ave, 7th Fl

Servicing Lender City

PASADENA

Servicing Lender State

CA

Servicing Lender Zip

91101-4525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Pasadena

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91107-3238

CD

CA-28

Jobs Reported

5

NAICS Code

325998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

58730.00

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

Corporation

Originating Lender Location Id

119918

Originating Lender

East West Bank

Originating Lender City

PASADENA

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

59012.23

Forgiveness Date

09/15/2021

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