PPP Loan information for Mag law offices p.c.

$118,212

Mag law offices p.c. was initially approved for PPP Loan of amount $118,212, the current approved amount is $118,212. The loan was approved on 01/23/2021 by The U.S. Bank, National Association reported 11 jobs and $118,212 was used to fund payroll.

Mag law offices p.c. is Existing or more than 2 years old

PPP Loan Search / MN / Bloomington / Mag law offices p.c.

MAG LAW OFFICES P.C.

Date Approved

01/23/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

MAG LAW OFFICES P.C.

Borrower Address

8609 Lyndale Ave S Ste 201

Borrower City

Bloomington

Borrower State

MN

Borrower Zip

55420-2745

Loan Status Date

03/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

118212.00

Current Approval Amount

118212.00

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

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bloomington

Project County Name

HENNEPIN

Project State

MN

Project Zip

55420-2745

CD

MN-03

Jobs Reported

11

NAICS Code

541199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

118211.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

119423.67

Forgiveness Date

02/03/2022

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