PPP Loan information for Magic carpets and linoleum inc

$163,750

Magic carpets and linoleum inc was initially approved for PPP Loan of amount $163,750, the current approved amount is $163,750. The loan was approved on 03/18/2021 by The Associated Bank, National Association reported 11 jobs and $163,750 was used to fund payroll.

Magic carpets and linoleum inc is Existing or more than 2 years old

PPP Loan Search / MN / Brooklyn Park / Magic carpets and linoleum inc

MAGIC CARPETS AND LINOLEUM INC

Date Approved

03/18/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

MAGIC CARPETS AND LINOLEUM INC

Borrower Address

7400 Lakeland Ave N

Borrower City

Brooklyn Park

Borrower State

MN

Borrower Zip

55428-1229

Loan Status Date

08/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

163750.00

Current Approval Amount

163750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75939

Servicing Lender Name

Associated Bank, National Association

Servicing Lender Address

200 N Adams St

Servicing Lender City

GREEN BAY

Servicing Lender State

WI

Servicing Lender Zip

54301-5142

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brooklyn Park

Project County Name

HENNEPIN

Project State

MN

Project Zip

55428-1229

CD

MN-03

Jobs Reported

11

NAICS Code

442210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

163750.00

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

75939

Originating Lender

Associated Bank, National Association

Originating Lender City

GREEN BAY

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

165854.08

Forgiveness Date

07/05/2022

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