PPP Loan information for Sal mag inc

$71,341

Sal mag inc was initially approved for PPP Loan of amount $71,341, the current approved amount is $71,341. The loan was approved on 01/27/2021 by The Members 1st FCU reported 14 jobs and $71,341 was used to fund payroll.

Sal mag inc is Existing or more than 2 years old

SAL MAG INC

Date Approved

01/27/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

SAL MAG INC

Borrower Address

590 E Main St

Borrower City

Hummelstown

Borrower State

PA

Borrower Zip

17036-1857

Loan Status Date

10/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

71340.50

Current Approval Amount

71340.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

104409

Servicing Lender Name

Members 1st FCU

Servicing Lender Address

5000 Marketplace Way

Servicing Lender City

Enola

Servicing Lender State

PA

Servicing Lender Zip

17025-2431

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hummelstown

Project County Name

DAUPHIN

Project State

PA

Project Zip

17036-1857

CD

PA-10

Jobs Reported

14

NAICS Code

722511

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

71336.50

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

104409

Originating Lender

Members 1st FCU

Originating Lender City

Enola

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

71788.09

Forgiveness Date

09/14/2021

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