PPP Loan information for Magswitch automation company

$149,571

Magswitch automation company was initially approved for PPP Loan of amount $149,571, the current approved amount is $149,571. The loan was approved on 02/02/2021 by The KeyBank National Association reported 7 jobs and $149,571 was used to fund payroll.

Magswitch automation company is Existing or more than 2 years old

PPP Loan Search / CO / Lafayette / Magswitch automation company

MAGSWITCH AUTOMATION COMPANY

Date Approved

02/02/2021

SBA Office Code

0811

Processing Method

PPS

Borrower Name

MAGSWITCH AUTOMATION COMPANY

Borrower Address

1355 Horizon Ave

Borrower City

Lafayette

Borrower State

CO

Borrower Zip

80026-9304

Loan Status Date

02/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

149571.00

Current Approval Amount

149571.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

56102

Servicing Lender Name

KeyBank National Association

Servicing Lender Address

127 Public Sq

Servicing Lender City

CLEVELAND

Servicing Lender State

OH

Servicing Lender Zip

44114-1217

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lafayette

Project County Name

BOULDER

Project State

CO

Project Zip

80026-9304

CD

CO-02

Jobs Reported

7

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

149568.00

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

56102

Originating Lender

KeyBank National Association

Originating Lender City

CLEVELAND

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

150513.50

Forgiveness Date

10/07/2021

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