PPP Loan information for Artes magicae inc

$86,476

Artes magicae inc was initially approved for PPP Loan of amount $86,476, the current approved amount is $86,476. The loan was approved on 04/29/2020 by The Square Capital, LLC reported 9 jobs and $86,476 was used to fund payroll.

Artes magicae inc is Existing or more than 2 years old

ARTES MAGICAE INC

Date Approved

04/29/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ARTES MAGICAE INC

Borrower Address

5 Washington St

Borrower City

Beverly

Borrower State

MA

Borrower Zip

01915

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

86475.98

Current Approval Amount

86475.98

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

529050

Servicing Lender Name

Square Capital, LLC

Servicing Lender Address

1455 Market Street, Suite 600

Servicing Lender City

San Francisco

Servicing Lender State

CA

Servicing Lender Zip

94103

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Beverly

Project County Name

ESSEX

Project State

MA

Project Zip

01915-0001

CD

MA-06

Jobs Reported

9

NAICS Code

812199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10809.50

Payroll Proceed

64856.98

Mortgage Interest Proceed

10809.50

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

87352.59

Forgiveness Date

05/05/2021

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