PPP Loan information for Magwerks corporation

$129,585

Magwerks corporation was initially approved for PPP Loan of amount $129,585, the current approved amount is $129,585. The loan was approved on 04/11/2020 by The Fifth Third Bank reported 12 jobs and $129,585 was used to fund payroll.

Magwerks corporation is Existing or more than 2 years old

PPP Loan Search / IN / DANVILLE / Magwerks corporation

MAGWERKS CORPORATION

Date Approved

04/11/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MAGWERKS CORPORATION

Borrower Address

501 COMMERCE DR

Borrower City

DANVILLE

Borrower State

IN

Borrower Zip

46122-7976

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

129585.00

Current Approval Amount

129585.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DANVILLE

Project County Name

HENDRICKS

Project State

IN

Project Zip

46122-7976

CD

IN-04

Jobs Reported

12

NAICS Code

334513

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

129585.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

130290.52

Forgiveness Date

11/03/2020

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