PPP Loan information for Magtrol inc.

$810,295

Magtrol inc. was initially approved for PPP Loan of amount $810,295, the current approved amount is $810,295. The loan was approved on 02/07/2021 by The JPMorgan Chase Bank, National Association reported 47 jobs and $810,295 was used to fund payroll.

Magtrol inc. is Existing or more than 2 years old

PPP Loan Search / NY / Buffalo / Magtrol inc.

MAGTROL INC.

Date Approved

02/07/2021

SBA Office Code

0296

Processing Method

PPS

Borrower Name

MAGTROL INC.

Borrower Address

70 Gardenville Pkwy W

Borrower City

Buffalo

Borrower State

NY

Borrower Zip

14224-1322

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

810295.00

Current Approval Amount

810295.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Buffalo

Project County Name

ERIE

Project State

NY

Project Zip

14224-1322

CD

NY-26

Jobs Reported

47

NAICS Code

334519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

810295.00

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

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

815941.86

Forgiveness Date

10/25/2021

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