PPP Loan information for Magtech construction inc

$17,655

Magtech construction inc was initially approved for PPP Loan of amount $17,655, the current approved amount is $17,655. The loan was approved on 05/11/2020 by The Wells Fargo Bank, National Association reported 5 jobs and $17,655 was used to fund payroll.

Magtech construction inc is Existing or more than 2 years old

PPP Loan Search / NJ / WESTFIELD / Magtech construction inc

MAGTECH CONSTRUCTION INC

Date Approved

05/11/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MAGTECH CONSTRUCTION INC

Borrower Address

208 LENOX AVE

Borrower City

WESTFIELD

Borrower State

NJ

Borrower Zip

07090

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

17655.00

Current Approval Amount

17655.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WESTFIELD

Project County Name

UNION

Project State

NJ

Project Zip

07090-1000

CD

NJ-07

Jobs Reported

5

NAICS Code

423810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

17655.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

17945.70

Forgiveness Date

01/04/2022

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