PPP Loan information for Mag retail holdings - hyn, llc

$1,027,200

Mag retail holdings - hyn, llc was initially approved for PPP Loan of amount $1,027,100, the current approved amount is $1,027,200. The loan was approved on 04/14/2020 by The Truist Bank reported 55 jobs and $1,027,200 was used to fund payroll.

Mag retail holdings - hyn, llc is Existing or more than 2 years old

MAG RETAIL HOLDINGS - HYN, LLC

Date Approved

04/14/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MAG RETAIL HOLDINGS - HYN, LLC

Borrower Address

240 Manley St

Borrower City

BROCKTON

Borrower State

MA

Borrower Zip

02301-5510

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1027100.00

Current Approval Amount

1027200.00

Undisbursed Amount

0.00

Franchise Name

Hyundai Motor America - Dealer Sales and Service Agreement

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

N

Business Age Description

Existing or more than 2 years old

Project City

BROCKTON

Project County Name

PLYMOUTH

Project State

MA

Project Zip

02301-5510

CD

MA-08

Jobs Reported

55

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1027200.00

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

1040667.73

Forgiveness Date

08/09/2021

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