PPP Loan information for City magnets inc.

$53,530

City magnets inc. was initially approved for PPP Loan of amount $53,530, the current approved amount is $53,530. The loan was approved on 02/05/2021 by The U.S. Bank, National Association reported 6 jobs and $53,530 was used to fund payroll.

City magnets inc. is Existing or more than 2 years old

CITY MAGNETS INC.

Date Approved

02/05/2021

SBA Office Code

0721

Processing Method

PPS

Borrower Name

CITY MAGNETS INC.

Borrower Address

35 Valley Rd

Borrower City

Sunrise Beach

Borrower State

MO

Borrower Zip

65079-6677

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

53530.00

Current Approval Amount

53530.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sunrise Beach

Project County Name

CAMDEN

Project State

MO

Project Zip

65079-6677

CD

MO-04

Jobs Reported

6

NAICS Code

541860

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

53530.00

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

Subchapter S Corporation

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

53764.94

Forgiveness Date

07/19/2021

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