PPP Loan information for Magtrol, inc.

$690,302

Magtrol, inc. was initially approved for PPP Loan of amount $690,302, the current approved amount is $690,302. The loan was approved on 04/08/2020 by The JPMorgan Chase Bank, National Association reported 48 jobs and $690,302 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

04/08/2020

SBA Office Code

0296

Processing Method

PPP

Borrower Name

MAGTROL, INC.

Borrower Address

70 Gardenville Parkway West 0.0

Borrower City

Buffalo

Borrower State

NY

Borrower Zip

14224-1322

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

690302.00

Current Approval Amount

690302.00

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

48

NAICS Code

334519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

14161.00

Payroll Proceed

610467.00

Mortgage Interest Proceed

11294.00

Rent Proceed

484.00

Refinance EIDL Proceed

0.00

Health Care Proceed

53896.00

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

696221.34

Forgiveness Date

02/19/2021

;