PPP Loan information for Magnadrive corp

$200,000

Magnadrive corp was initially approved for PPP Loan of amount $200,000, the current approved amount is $200,000. The loan was approved on 05/22/2021 by The JPMorgan Chase Bank, National Association reported 10 jobs and $200,000 was used to fund payroll.

Magnadrive corp is Existing or more than 2 years old

PPP Loan Search / WA / Woodinville / Magnadrive corp

MAGNADRIVE CORP

Date Approved

05/22/2021

SBA Office Code

1013

Processing Method

PPS

Borrower Name

MAGNADRIVE CORP

Borrower Address

14660 NE North Woodinville Way Ste 100

Borrower City

Woodinville

Borrower State

WA

Borrower Zip

98072-8440

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

200000.00

Current Approval Amount

200000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Woodinville

Project County Name

KING

Project State

WA

Project Zip

98072-8440

CD

WA-01

Jobs Reported

10

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

200000.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

201382.89

Forgiveness Date

02/04/2022

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