PPP Loan information for Magnifico investments llc

$52,600

Magnifico investments llc was initially approved for PPP Loan of amount $52,600, the current approved amount is $52,600. The loan was approved on 04/15/2020 by The United Community Bank reported 24 jobs and $52,600 was used to fund payroll.

Magnifico investments llc is Existing or more than 2 years old

PPP Loan Search / GA / CANTON / Magnifico investments llc

MAGNIFICO INVESTMENTS LLC

Date Approved

04/15/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

MAGNIFICO INVESTMENTS LLC

Borrower Address

214 Heritage Town Parkway

Borrower City

CANTON

Borrower State

GA

Borrower Zip

30115

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

52600.00

Current Approval Amount

52600.00

Undisbursed Amount

0.00

Franchise Name

Marco's Pizza

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CANTON

Project County Name

CHEROKEE

Project State

GA

Project Zip

30115-0002

CD

GA-11

Jobs Reported

24

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

52600.00

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

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

53000.62

Forgiveness Date

01/26/2021

;