PPP Loan information for Magnet trucking llc

$391,200

Magnet trucking llc was initially approved for PPP Loan of amount $391,200, the current approved amount is $391,200. The loan was approved on 01/22/2021 by The MidFirst Bank reported 28 jobs and $391,200 was used to fund payroll.

Magnet trucking llc is Existing or more than 2 years old

MAGNET TRUCKING LLC

Date Approved

01/22/2021

SBA Office Code

0680

Processing Method

PPS

Borrower Name

MAGNET TRUCKING LLC

Borrower Address

22185 US Highway 270

Borrower City

Woodward

Borrower State

OK

Borrower Zip

73801-7702

Loan Status Date

08/17/2022

Loan Status

Charged Off

Term

39

SBA Guaranty Percentage

100

Initial Approval Amount

391200.00

Current Approval Amount

391200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

90226

Servicing Lender Name

MidFirst Bank

Servicing Lender Address

501 NW Grand Blvd

Servicing Lender City

OKLAHOMA CITY

Servicing Lender State

OK

Servicing Lender Zip

73118-6037

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Woodward

Project County Name

WOODWARD

Project State

OK

Project Zip

73801-7702

CD

OK-03

Jobs Reported

28

NAICS Code

484220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

391195.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

90226

Originating Lender

MidFirst Bank

Originating Lender City

OKLAHOMA CITY

Originating Lender State

OK

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;