PPP Loan information for Magellan academy, inc.

$230,780

Magellan academy, inc. was initially approved for PPP Loan of amount $230,780, the current approved amount is $230,780. The loan was approved on 04/15/2020 by The Cache Valley Bank reported 43 jobs and $230,780 was used to fund payroll.

Magellan academy, inc. is Existing or more than 2 years old

PPP Loan Search / UT / SPANISH FORK / Magellan academy, inc.

MAGELLAN ACADEMY, INC.

Date Approved

04/15/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

MAGELLAN ACADEMY, INC.

Borrower Address

704 N White Horse Drive

Borrower City

SPANISH FORK

Borrower State

UT

Borrower Zip

84660-1350

Loan Status Date

05/26/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

230780.00

Current Approval Amount

230780.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPANISH FORK

Project County Name

UTAH

Project State

UT

Project Zip

84660-1350

CD

UT-04

Jobs Reported

43

NAICS Code

623990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

230780.00

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

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

233087.80

Forgiveness Date

04/16/2021

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