PPP Loan information for Magaw industries, inc.

$40,000

Magaw industries, inc. was initially approved for PPP Loan of amount $40,000, the current approved amount is $40,000. The loan was approved on 04/09/2020 by The D. L. Evans Bank reported 5 jobs and $40,000 was used to fund payroll.

Magaw industries, inc. is New Business or 2 years or less

PPP Loan Search / ID / JEROME / Magaw industries, inc.

MAGAW INDUSTRIES, INC.

Date Approved

04/09/2020

SBA Office Code

1087

Processing Method

PPP

Borrower Name

MAGAW INDUSTRIES, INC.

Borrower Address

411 South Liberty Lane

Borrower City

JEROME

Borrower State

ID

Borrower Zip

83338

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40000.00

Current Approval Amount

40000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20132

Servicing Lender Name

D. L. Evans Bank

Servicing Lender Address

375 N Overland Ave

Servicing Lender City

BURLEY

Servicing Lender State

ID

Servicing Lender Zip

83318-3432

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

JEROME

Project County Name

JEROME

Project State

ID

Project Zip

83338-0001

CD

ID-02

Jobs Reported

5

NAICS Code

424720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

30000.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

20132

Originating Lender

D. L. Evans Bank

Originating Lender City

BURLEY

Originating Lender State

ID

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40237.81

Forgiveness Date

11/19/2020

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