PPP Loan information for Micro magnetics inc

$14,847

Micro magnetics inc was initially approved for PPP Loan of amount $14,847, the current approved amount is $14,847. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 1 jobs and $14,847 was used to fund payroll.

Micro magnetics inc is New Business or 2 years or less

MICRO MAGNETICS INC

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MICRO MAGNETICS INC

Borrower Address

617 AIRPORT RD

Borrower City

FALL RIVER

Borrower State

MA

Borrower Zip

02720-4722

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

14847.00

Current Approval Amount

14847.00

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

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

FALL RIVER

Project County Name

BRISTOL

Project State

MA

Project Zip

02720-4722

CD

MA-04

Jobs Reported

1

NAICS Code

334413

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

14847.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

14958.05

Forgiveness Date

02/03/2021

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