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 04/09/2020 by The Waterford Bank, National Association reported 18 jobs and $210,000 was used to fund payroll.

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

PPP Loan Search / MI / OXFORD / Puritan magnetics, inc.

PURITAN MAGNETICS, INC.

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PURITAN MAGNETICS, INC.

Borrower Address

533 S LAPEER RD Ste. 100

Borrower City

OXFORD

Borrower State

MI

Borrower Zip

48371-5032

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

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

48371-5032

CD

MI-09

Jobs Reported

18

NAICS Code

332999

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

204800.00

Mortgage Interest Proceed

0.00

Rent Proceed

5200.00

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

211785.00

Forgiveness Date

02/17/2021

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