PPP Loan information for Magnificent air llc

$85,500

Magnificent air llc was initially approved for PPP Loan of amount $85,500, the current approved amount is $85,500. The loan was approved on 02/11/2021 by The Bank of America, National Association reported 12 jobs and $85,500 was used to fund payroll.

Magnificent air llc is Existing or more than 2 years old

MAGNIFICENT AIR LLC

Date Approved

02/11/2021

SBA Office Code

0455

Processing Method

PPS

Borrower Name

MAGNIFICENT AIR LLC

Borrower Address

2721 NW 42nd Ave

Borrower City

Cape Coral

Borrower State

FL

Borrower Zip

33993-8810

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

85500.00

Current Approval Amount

85500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cape Coral

Project County Name

LEE

Project State

FL

Project Zip

33993-8810

CD

FL-19

Jobs Reported

12

NAICS Code

238220

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

85495.00

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

Subchapter S Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

85954.44

Forgiveness Date

08/26/2021

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