PPP Loan information for Mag retail holdings - frd, llc

$1,810,900

Mag retail holdings - frd, llc was initially approved for PPP Loan of amount $1,810,900, the current approved amount is $1,810,900. The loan was approved on 04/30/2020 by The Truist Bank reported 116 jobs and $1,810,900 was used to fund payroll.

Mag retail holdings - frd, llc is New Business or 2 years or less

PPP Loan Search / MA / Lowell / Mag retail holdings - frd, llc

MAG RETAIL HOLDINGS - FRD, LLC

Date Approved

04/30/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MAG RETAIL HOLDINGS - FRD, LLC

Borrower Address

1212 Westford St

Borrower City

Lowell

Borrower State

MA

Borrower Zip

01851

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1810900.00

Current Approval Amount

1810900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Lowell

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01851-0001

CD

MA-03

Jobs Reported

116

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1810900.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1833435.64

Forgiveness Date

08/09/2021

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