PPP Loan information for Magco, inc

$273,700

Magco, inc was initially approved for PPP Loan of amount $273,700, the current approved amount is $273,700. The loan was approved on 04/07/2020 by The First State Bank reported 27 jobs and $273,700 was used to fund payroll.

Magco, inc is Existing or more than 2 years old

PPP Loan Search / MS / LAUREL / Magco, inc

MAGCO, INC

Date Approved

04/07/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

MAGCO, INC

Borrower Address

302 OLD HIGHWAY 84 LOOP

Borrower City

LAUREL

Borrower State

MS

Borrower Zip

39443-7304

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

273700.00

Current Approval Amount

273700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40068

Servicing Lender Name

First State Bank

Servicing Lender Address

708 Azalea Dr

Servicing Lender City

WAYNESBORO

Servicing Lender State

MS

Servicing Lender Zip

39367-2719

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAUREL

Project County Name

JONES

Project State

MS

Project Zip

39443-7304

CD

MS-04

Jobs Reported

27

NAICS Code

237310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

273700.00

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

40068

Originating Lender

First State Bank

Originating Lender City

WAYNESBORO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

275608.30

Forgiveness Date

12/22/2020

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