PPP Loan information for Magic touch painting inc

$172,050

Magic touch painting inc was initially approved for PPP Loan of amount $172,050, the current approved amount is $172,050. The loan was approved on 02/23/2021 by The First Foundation Bank reported 21 jobs and $172,050 was used to fund payroll.

Magic touch painting inc is Existing or more than 2 years old

MAGIC TOUCH PAINTING INC

Date Approved

02/23/2021

SBA Office Code

0455

Processing Method

PPS

Borrower Name

MAGIC TOUCH PAINTING INC

Borrower Address

6460 Sandalwood Ln

Borrower City

Naples

Borrower State

FL

Borrower Zip

34109-0504

Loan Status Date

03/03/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

172050.00

Current Approval Amount

172050.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

450956

Servicing Lender Name

First Foundation Bank

Servicing Lender Address

18101 Von Karman Ave, Ste 750

Servicing Lender City

IRVINE

Servicing Lender State

CA

Servicing Lender Zip

92612-0005

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Naples

Project County Name

COLLIER

Project State

FL

Project Zip

34109-0504

CD

FL-19

Jobs Reported

21

NAICS Code

238320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

172048.00

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

450956

Originating Lender

First Foundation Bank

Originating Lender City

IRVINE

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

174100.46

Forgiveness Date

05/09/2022

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