PPP Loan information for Magic seed inc.

$56,530

Magic seed inc. was initially approved for PPP Loan of amount $56,530, the current approved amount is $56,530. The loan was approved on 03/05/2021 by The First Federal Savings Bank of Twin Falls reported 4 jobs and $56,530 was used to fund payroll.

Magic seed inc. is Existing or more than 2 years old

MAGIC SEED INC.

Date Approved

03/05/2021

SBA Office Code

1087

Processing Method

PPP

Borrower Name

MAGIC SEED INC.

Borrower Address

983 Kenyon Rd

Borrower City

Twin Falls

Borrower State

ID

Borrower Zip

83301-8620

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

56530.00

Current Approval Amount

56530.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

80257

Servicing Lender Name

First Federal Savings Bank of Twin Falls

Servicing Lender Address

383 Shoshone St North

Servicing Lender City

TWIN FALLS

Servicing Lender State

ID

Servicing Lender Zip

83301-6152

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Twin Falls

Project County Name

TWIN FALLS

Project State

ID

Project Zip

83301-8620

CD

ID-02

Jobs Reported

4

NAICS Code

424590

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

56530.00

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

80257

Originating Lender

First Federal Savings Bank of Twin Falls

Originating Lender City

TWIN FALLS

Originating Lender State

ID

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

56825.81

Forgiveness Date

09/20/2021

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