PPP Loan information for Laconia magnetics inc.

$226,400

Laconia magnetics inc. was initially approved for PPP Loan of amount $226,400, the current approved amount is $226,400. The loan was approved on 02/07/2021 by The Bank of New Hampshire reported 21 jobs and $226,400 was used to fund payroll.

Laconia magnetics inc. is Existing or more than 2 years old

LACONIA MAGNETICS INC.

Date Approved

02/07/2021

SBA Office Code

0189

Processing Method

PPS

Borrower Name

LACONIA MAGNETICS INC.

Borrower Address

Prescott Hill Road

Borrower City

Laconia

Borrower State

NH

Borrower Zip

03246

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

226400.00

Current Approval Amount

226400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

43105

Servicing Lender Name

Bank of New Hampshire

Servicing Lender Address

62 Pleasant St

Servicing Lender City

LACONIA

Servicing Lender State

NH

Servicing Lender Zip

03246-3420

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Laconia

Project County Name

BELKNAP

Project State

NH

Project Zip

03246

CD

NH-01

Jobs Reported

21

NAICS Code

335991

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

226396.00

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

43105

Originating Lender

Bank of New Hampshire

Originating Lender City

LACONIA

Originating Lender State

NH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

227594.89

Forgiveness Date

08/20/2021

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