PPP Loan information for Magnelab inc

$190,892

Magnelab inc was initially approved for PPP Loan of amount $190,892, the current approved amount is $190,892. The loan was approved on 05/18/2020 by The Wells Fargo Bank, National Association reported 14 jobs and $190,892 was used to fund payroll.

Magnelab inc is Existing or more than 2 years old

PPP Loan Search / CO / LONGMONT / Magnelab inc

MAGNELAB INC

Date Approved

05/18/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

MAGNELAB INC

Borrower Address

600 WEAVER PARK ROAD

Borrower City

LONGMONT

Borrower State

CO

Borrower Zip

80501

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

190892.00

Current Approval Amount

190892.00

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

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LONGMONT

Project County Name

BOULDER

Project State

CO

Project Zip

80501-0800

CD

CO-02

Jobs Reported

14

NAICS Code

334419

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

190892.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

193465.12

Forgiveness Date

09/23/2021

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