PPP Loan information for Sgm magnetics corporation

$385,070

Sgm magnetics corporation was initially approved for PPP Loan of amount $385,070, the current approved amount is $385,070. The loan was approved on 02/27/2021 by The Community Bank reported 17 jobs and $385,070 was used to fund payroll.

Sgm magnetics corporation is Existing or more than 2 years old

PPP Loan Search / FL / Bradenton / Sgm magnetics corporation

SGM MAGNETICS CORPORATION

Date Approved

02/27/2021

SBA Office Code

0455

Processing Method

PPS

Borrower Name

SGM MAGNETICS CORPORATION

Borrower Address

2023 59th Ter E

Borrower City

Bradenton

Borrower State

FL

Borrower Zip

34203-5034

Loan Status Date

08/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

385070.00

Current Approval Amount

385070.00

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

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

385068.00

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

390471.68

Forgiveness Date

07/21/2022

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