PPP Loan information for The magnate group inc

$196,887

The magnate group inc was initially approved for PPP Loan of amount $192,837, the current approved amount is $196,887. The loan was approved on 03/12/2021 by The Grow America Fund, Incorporated reported 24 jobs and $196,887 was used to fund payroll.

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

PPP Loan Search / GA / Jonesboro / The magnate group inc

THE MAGNATE GROUP INC

Date Approved

03/12/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

THE MAGNATE GROUP INC

Borrower Address

226 N McDonough St

Borrower City

Jonesboro

Borrower State

GA

Borrower Zip

30236-3608

Loan Status Date

01/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

192837.00

Current Approval Amount

196887.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

199896

Servicing Lender Name

Grow America Fund, Incorporated

Servicing Lender Address

24 Whitehall St Suite 710

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10004

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Jonesboro

Project County Name

CLAYTON

Project State

GA

Project Zip

30236-3608

CD

GA-13

Jobs Reported

24

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

196887.00

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

199896

Originating Lender

Grow America Fund, Incorporated

Originating Lender City

NEW YORK

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

198303.49

Forgiveness Date

11/29/2021

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