PPP Loan information for Magic city auto parts inc

$8,750

Magic city auto parts inc was initially approved for PPP Loan of amount $8,750, the current approved amount is $8,750. The loan was approved on 05/04/2020 by The The First Bank reported 2 jobs and $8,750 was used to fund payroll.

Magic city auto parts inc is Existing or more than 2 years old

MAGIC CITY AUTO PARTS INC

Date Approved

05/04/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

MAGIC CITY AUTO PARTS INC

Borrower Address

628 S. COLUMBIA ST

Borrower City

BOGALUSA

Borrower State

LA

Borrower Zip

70427-4722

Loan Status Date

09/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

8750.00

Current Approval Amount

8750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120708

Servicing Lender Name

The First Bank

Servicing Lender Address

6480 Hwy 98, West

Servicing Lender City

HATTIESBURG

Servicing Lender State

MS

Servicing Lender Zip

39402

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BOGALUSA

Project County Name

WASHINGTON

Project State

LA

Project Zip

70427-4722

CD

LA-05

Jobs Reported

2

NAICS Code

441310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

8750.00

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

120708

Originating Lender

The First Bank

Originating Lender City

HATTIESBURG

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

8864.48

Forgiveness Date

08/20/2021

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