PPP Loan information for Magna technologies, inc.

$38,100

Magna technologies, inc. was initially approved for PPP Loan of amount $38,100, the current approved amount is $38,100. The loan was approved on 04/15/2020 by The Enterprise Bank & Trust reported 3 jobs and $38,100 was used to fund payroll.

Magna technologies, inc. is Existing or more than 2 years old

MAGNA TECHNOLOGIES, INC.

Date Approved

04/15/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

MAGNA TECHNOLOGIES, INC.

Borrower Address

40 Downfield Drive

Borrower City

WELDON SPRING

Borrower State

MO

Borrower Zip

63304-7588

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38100.00

Current Approval Amount

38100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112407

Servicing Lender Name

Enterprise Bank & Trust

Servicing Lender Address

150 N Meramec Ave

Servicing Lender City

CLAYTON

Servicing Lender State

MO

Servicing Lender Zip

63105-3779

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WELDON SPRING

Project County Name

SAINT CHARLES

Project State

MO

Project Zip

63304-7588

CD

MO-03

Jobs Reported

3

NAICS Code

423610

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

38100.00

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

112407

Originating Lender

Enterprise Bank & Trust

Originating Lender City

CLAYTON

Originating Lender State

MO

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

38421.73

Forgiveness Date

02/25/2021

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