PPP Loan information for Magnetic hold inc

$63,100

Magnetic hold inc was initially approved for PPP Loan of amount $63,100, the current approved amount is $63,100. The loan was approved on 04/29/2020 by The Renasant Bank reported 4 jobs and $63,100 was used to fund payroll.

Magnetic hold inc is Existing or more than 2 years old

PPP Loan Search / TN / HENDERSONVILLE / Magnetic hold inc

MAGNETIC HOLD INC

Date Approved

04/29/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MAGNETIC HOLD INC

Borrower Address

333 ROCKLAND RD

Borrower City

HENDERSONVILLE

Borrower State

TN

Borrower Zip

37075-4376

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

63100.00

Current Approval Amount

63100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40010

Servicing Lender Name

Renasant Bank

Servicing Lender Address

209 Troy St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4827

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HENDERSONVILLE

Project County Name

SUMNER

Project State

TN

Project Zip

37075-4376

CD

TN-06

Jobs Reported

4

NAICS Code

454390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

63100.00

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

40010

Originating Lender

Renasant Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

63816.89

Forgiveness Date

06/22/2021

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