PPP Loan information for Mystic powerboats inc

$533,325

Mystic powerboats inc was initially approved for PPP Loan of amount $533,325, the current approved amount is $533,325. The loan was approved on 04/06/2020 by The Cogent Bank reported 52 jobs and $533,325 was used to fund payroll.

Mystic powerboats inc is Existing or more than 2 years old

PPP Loan Search / FL / DELAND / Mystic powerboats inc

MYSTIC POWERBOATS INC

Date Approved

04/06/2020

SBA Office Code

0491

Processing Method

PPP

Borrower Name

MYSTIC POWERBOATS INC

Borrower Address

1848 Patterson Ave

Borrower City

DELAND

Borrower State

FL

Borrower Zip

32724-1924

Loan Status Date

06/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

533325.00

Current Approval Amount

533325.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123987

Servicing Lender Name

Cogent Bank

Servicing Lender Address

420 S Orange Ave, Ste 150

Servicing Lender City

ORLANDO

Servicing Lender State

FL

Servicing Lender Zip

32801

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DELAND

Project County Name

VOLUSIA

Project State

FL

Project Zip

32724-1924

CD

FL-06

Jobs Reported

52

NAICS Code

336612

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

533325.00

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

123987

Originating Lender

Cogent Bank

Originating Lender City

ORLANDO

Originating Lender State

FL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

539102.69

Forgiveness Date

05/13/2021

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