PPP Loan information for Puritan magnetics inc.

$210,000

Puritan magnetics inc. was initially approved for PPP Loan of amount $210,000, the current approved amount is $210,000. The loan was approved on 01/21/2021 by The Waterford Bank, National Association reported 16 jobs and $210,000 was used to fund payroll.

Puritan magnetics inc. is Existing or more than 2 years old

PURITAN MAGNETICS INC.

Date Approved

01/21/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

PURITAN MAGNETICS INC.

Borrower Address

533 S Lapeer Rd Ste 100

Borrower City

Oxford

Borrower State

MI

Borrower Zip

48371-6512

Loan Status Date

11/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

210000.00

Current Approval Amount

210000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

449988

Servicing Lender Name

Waterford Bank, National Association

Servicing Lender Address

3900 N McCord Rd

Servicing Lender City

TOLEDO

Servicing Lender State

OH

Servicing Lender Zip

43617-1049

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Oxford

Project County Name

OAKLAND

Project State

MI

Project Zip

48371-6512

CD

MI-09

Jobs Reported

16

NAICS Code

333517

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

209999.00

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

Subchapter S Corporation

Originating Lender Location Id

449988

Originating Lender

Waterford Bank, National Association

Originating Lender City

TOLEDO

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

211557.50

Forgiveness Date

10/20/2021

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