PPP Loan information for Majestic fire inc

$413,017

Majestic fire inc was initially approved for PPP Loan of amount $413,017, the current approved amount is $413,017. The loan was approved on 05/03/2020 by The Bank of America, National Association reported 38 jobs and $413,017 was used to fund payroll.

Majestic fire inc is New Business or 2 years or less

MAJESTIC FIRE INC

Date Approved

05/03/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

MAJESTIC FIRE INC

Borrower Address

16134 VALERIO ST

Borrower City

VAN NUYS

Borrower State

CA

Borrower Zip

91406-2916

Loan Status Date

06/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

413017.00

Current Approval Amount

413017.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

VAN NUYS

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91406-2916

CD

CA-29

Jobs Reported

38

NAICS Code

561990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

413017.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

389847.24

Forgiveness Date

07/29/2021

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