PPP Loan information for Magtec alaska llc

$1,146,500

Magtec alaska llc was initially approved for PPP Loan of amount $1,146,500, the current approved amount is $1,146,500. The loan was approved on 04/04/2020 by The Bank Forward reported 67 jobs and $1,146,500 was used to fund payroll.

Magtec alaska llc is Existing or more than 2 years old

MAGTEC ALASKA LLC

Date Approved

04/04/2020

SBA Office Code

1084

Processing Method

PPP

Borrower Name

MAGTEC ALASKA LLC

Borrower Address

43385 KENAI SPUR HWY

Borrower City

KENAI

Borrower State

AK

Borrower Zip

99611-9704

Loan Status Date

08/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1146500.00

Current Approval Amount

1146500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52827

Servicing Lender Name

Bank Forward

Servicing Lender Address

390 Wheat St

Servicing Lender City

HANNAFORD

Servicing Lender State

ND

Servicing Lender Zip

58448-4801

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KENAI

Project County Name

KENAI PENINSULA

Project State

AK

Project Zip

99611-9704

CD

AK-

Jobs Reported

67

NAICS Code

532490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

917267.00

Mortgage Interest Proceed

0.00

Rent Proceed

229233.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

52827

Originating Lender

Bank Forward

Originating Lender City

HANNAFORD

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1155232.25

Forgiveness Date

01/20/2021

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