PPP Loan information for Sgm magnetics corp

$382,767

Sgm magnetics corp was initially approved for PPP Loan of amount $382,767, the current approved amount is $382,767. The loan was approved on 04/27/2020 by The Community Bank reported 17 jobs and $382,767 was used to fund payroll.

Sgm magnetics corp is Existing or more than 2 years old

SGM MAGNETICS CORP

Date Approved

04/27/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

SGM MAGNETICS CORP

Borrower Address

2023 59TH TER

Borrower City

BRADENTON

Borrower State

FL

Borrower Zip

34203-5034

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

382767.00

Current Approval Amount

382767.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59928

Servicing Lender Name

Community Bank

Servicing Lender Address

100 N Market St

Servicing Lender City

CARMICHAELS

Servicing Lender State

PA

Servicing Lender Zip

15320-1224

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRADENTON

Project County Name

MANATEE

Project State

FL

Project Zip

34203-5034

CD

FL-16

Jobs Reported

17

NAICS Code

334112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

382767.00

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

59928

Originating Lender

Community Bank

Originating Lender City

CARMICHAELS

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

386796.69

Forgiveness Date

05/27/2021

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