PPP Loan information for The magnate group inc.

$174,800

The magnate group inc. was initially approved for PPP Loan of amount $174,800, the current approved amount is $174,800. The loan was approved on 04/10/2020 by The Unity National Bank of Houston reported 38 jobs and $174,800 was used to fund payroll.

The magnate group inc. is Existing or more than 2 years old

THE MAGNATE GROUP INC.

Date Approved

04/10/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

THE MAGNATE GROUP INC.

Borrower Address

4020 E. Lake Parkway

Borrower City

MCDONOUGH

Borrower State

GA

Borrower Zip

30253-4313

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

174800.00

Current Approval Amount

174800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

70258

Servicing Lender Name

Unity National Bank of Houston

Servicing Lender Address

2602 Blodgett St

Servicing Lender City

HOUSTON

Servicing Lender State

TX

Servicing Lender Zip

77004-5316

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MCDONOUGH

Project County Name

HENRY

Project State

GA

Project Zip

30253-4313

CD

GA-13

Jobs Reported

38

NAICS Code

484110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

174800.00

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

70258

Originating Lender

Unity National Bank of Houston

Originating Lender City

HOUSTON

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

176902.39

Forgiveness Date

06/30/2021

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