PPP Loan information for Mag ii, llc

$59,457

Mag ii, llc was initially approved for PPP Loan of amount $59,457, the current approved amount is $59,457. The loan was approved on 04/05/2020 by The Loan Source Incorporated reported 13 jobs and $59,457 was used to fund payroll.

Mag ii, llc is Existing or more than 2 years old

MAG II, LLC

Date Approved

04/05/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

MAG II, LLC

Borrower Address

109 OAK RIDGE

Borrower City

OAKLAND

Borrower State

ME

Borrower Zip

04963-3315

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

59457.00

Current Approval Amount

59457.00

Undisbursed Amount

0.00

Franchise Name

Subway

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OAKLAND

Project County Name

KENNEBEC

Project State

ME

Project Zip

04963-3315

CD

ME-02

Jobs Reported

13

NAICS Code

999990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3400.00

Payroll Proceed

44593.00

Mortgage Interest Proceed

4996.00

Rent Proceed

6468.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

36581

Originating Lender

Stearns Bank National Association

Originating Lender City

SAINT CLOUD

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

59983.15

Forgiveness Date

03/03/2021

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