PPP Loan information for Magela, inc.

$159,000

Magela, inc. was initially approved for PPP Loan of amount $159,000, the current approved amount is $159,000. The loan was approved on 04/28/2020 by The Citizens Bank reported 22 jobs and $159,000 was used to fund payroll.

Magela, inc. is Unanswered

PPP Loan Search / OR / CORVALLIS / Magela, inc.

MAGELA, INC.

Date Approved

04/28/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

MAGELA, INC.

Borrower Address

214 SW 2nd

Borrower City

CORVALLIS

Borrower State

OR

Borrower Zip

97333

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

159000.00

Current Approval Amount

159000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59564

Servicing Lender Name

Citizens Bank

Servicing Lender Address

275 SW 3rd St

Servicing Lender City

Corvallis

Servicing Lender State

OR

Servicing Lender Zip

97339

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

CORVALLIS

Project County Name

BENTON

Project State

OR

Project Zip

97333-0001

CD

OR-04

Jobs Reported

22

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

159000.00

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

Subchapter S Corporation

Originating Lender Location Id

59564

Originating Lender

Citizens Bank

Originating Lender City

Corvallis

Originating Lender State

OR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

160163.10

Forgiveness Date

01/25/2021

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