PPP Loan information for Mag enterprise, inc.

$189,700

Mag enterprise, inc. was initially approved for PPP Loan of amount $189,700, the current approved amount is $189,700. The loan was approved on 04/04/2020 by The Community National Bank reported 15 jobs and $189,700 was used to fund payroll.

Mag enterprise, inc. is Existing or more than 2 years old

PPP Loan Search / VT / ORLEANS / Mag enterprise, inc.

MAG ENTERPRISE, INC.

Date Approved

04/04/2020

SBA Office Code

0150

Processing Method

PPP

Borrower Name

MAG ENTERPRISE, INC.

Borrower Address

1066 HINMAN SETTLER RD

Borrower City

ORLEANS

Borrower State

VT

Borrower Zip

05860-9541

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

189700.00

Current Approval Amount

189700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72972

Servicing Lender Name

Community National Bank

Servicing Lender Address

4811 US Rte 5

Servicing Lender City

DERBY

Servicing Lender State

VT

Servicing Lender Zip

05829

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ORLEANS

Project County Name

ORLEANS

Project State

VT

Project Zip

05860-9541

CD

VT-

Jobs Reported

15

NAICS Code

488410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

189700.00

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

72972

Originating Lender

Community National Bank

Originating Lender City

DERBY

Originating Lender State

VT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

190843.40

Forgiveness Date

11/20/2020

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