PPP Loan information for Mag instrument incorporated

$3,022,822

Mag instrument incorporated was initially approved for PPP Loan of amount $3,022,822, the current approved amount is $3,022,822. The loan was approved on 05/08/2020 by The Wells Fargo Bank, National Association reported 246 jobs and $3,022,822 was used to fund payroll.

Mag instrument incorporated is Existing or more than 2 years old

PPP Loan Search / CA / ONTARIO / Mag instrument incorporated

MAG INSTRUMENT INCORPORATED

Date Approved

05/08/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

MAG INSTRUMENT INCORPORATED

Borrower Address

2001 SOUTH HELLMAN AVENUE

Borrower City

ONTARIO

Borrower State

CA

Borrower Zip

91761

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3022822.00

Current Approval Amount

3022822.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ONTARIO

Project County Name

SAN BERNARDINO

Project State

CA

Project Zip

91761-0070

CD

CA-35

Jobs Reported

246

NAICS Code

335129

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3022822.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3055369.10

Forgiveness Date

06/09/2021

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