Date Approved
07/15/2020
SBA Office Code
0944
Processing Method
PPP
Borrower Name
MAGNETIC LABS INC
Borrower Address
636 Woodridge Circle
Borrower City
Incline Village
Borrower State
NV
Borrower Zip
89451
Loan Status Date
06/23/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
20832.50
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
529253
Servicing Lender Name
Fundbox, Inc.
Servicing Lender Address
560 Mission Street, 13th Floor
Servicing Lender City
San Francisco
Servicing Lender State
CA
Servicing Lender Zip
94105
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WASHOE
Project State
Project Zip
89451-0001
CD
NV-02
Jobs Reported
1
NAICS Code
541690
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
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
20967.91
Forgiveness Date
04/02/2021