PPP Loan information for Magic transport inc

$749,200

Magic transport inc was initially approved for PPP Loan of amount $749,200, the current approved amount is $749,200. The loan was approved on 01/23/2021 by The Banco Popular de Puerto Rico reported 102 jobs and $749,200 was used to fund payroll.

Magic transport inc is Existing or more than 2 years old

MAGIC TRANSPORT INC

Date Approved

01/23/2021

SBA Office Code

0252

Processing Method

PPS

Borrower Name

MAGIC TRANSPORT INC

Borrower Address

PEPSI INDUSTRIAL PARK

Borrower City

Toa Baja

Borrower State

PR

Borrower Zip

00949

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

749200.00

Current Approval Amount

749200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123840

Servicing Lender Name

Banco Popular de Puerto Rico

Servicing Lender Address

209 Avenida Luis Mu<td,n>oz Rivera

Servicing Lender City

SAN JUAN

Servicing Lender State

PR

Servicing Lender Zip

00918

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Toa Baja

Project County Name

TOA BAJA

Project State

PR

Project Zip

00949

CD

PR-

Jobs Reported

102

NAICS Code

488320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

749195.00

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

123840

Originating Lender

Banco Popular de Puerto Rico

Originating Lender City

SAN JUAN

Originating Lender State

PR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

752134.37

Forgiveness Date

07/12/2021

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