PPP Loan information for Magnet trucking llc

$394,400

Magnet trucking llc was initially approved for PPP Loan of amount $394,400, the current approved amount is $394,400. The loan was approved on 04/13/2020 by The MidFirst Bank reported 31 jobs and $394,400 was used to fund payroll.

Magnet trucking llc is Existing or more than 2 years old

MAGNET TRUCKING LLC

Date Approved

04/13/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

MAGNET TRUCKING LLC

Borrower Address

22185 US HWY 270 s.

Borrower City

Woodward

Borrower State

OK

Borrower Zip

73801

Loan Status Date

11/20/2021

Loan Status

Charged Off

Term

4

SBA Guaranty Percentage

100

Initial Approval Amount

394400.00

Current Approval Amount

394400.00

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

73801-1000

CD

OK-03

Jobs Reported

31

NAICS Code

484220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

394400.00

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

;