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
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
Servicing Lender Zip
73118-6037
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WOODWARD
Project State
Project Zip
73801-1000
CD
OK-03
Jobs Reported
31
NAICS Code
484220
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
Forgiveness Date