Date Approved
04/08/2020
SBA Office Code
0885
Processing Method
PPP
Borrower Name
MAGIC CITY AUTO RECONDITIONING SERVICES, INC
Borrower Address
2904 GABEL ROAD
Borrower City
BILLINGS
Borrower State
MT
Borrower Zip
59102-7333
Loan Status Date
03/11/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
312900.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
41872
Servicing Lender Name
Rocky Mountain Bank
Servicing Lender Address
2615 King Ave West
Servicing Lender City
Servicing Lender State
Servicing Lender Zip
59102-6427
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
YELLOWSTONE
Project State
Project Zip
CD
MT-02
Jobs Reported
34
NAICS Code
811121
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
304775.49
Forgiveness Date
11/27/2020