PPP Loan information for Magna leather corp

$270,611

Magna leather corp was initially approved for PPP Loan of amount $270,611, the current approved amount is $270,611. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 32 jobs and $270,611 was used to fund payroll.

Magna leather corp is Existing or more than 2 years old

PPP Loan Search / TX / EL PASO / Magna leather corp

MAGNA LEATHER CORP

Date Approved

05/01/2020

SBA Office Code

0677

Processing Method

PPP

Borrower Name

MAGNA LEATHER CORP

Borrower Address

6841 COMMERCE AVE

Borrower City

EL PASO

Borrower State

TX

Borrower Zip

79915

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

270611.00

Current Approval Amount

270611.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

EL PASO

Project County Name

EL PASO

Project State

TX

Project Zip

79915-0001

CD

TX-16

Jobs Reported

32

NAICS Code

316110

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

270611.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

273621.08

Forgiveness Date

06/17/2021

;