PPP Loan information for Majic services inc

$258,320

Majic services inc was initially approved for PPP Loan of amount $258,300, the current approved amount is $258,320. The loan was approved on 04/10/2020 by The Truist Bank reported 40 jobs and $258,320 was used to fund payroll.

Majic services inc is Existing or more than 2 years old

PPP Loan Search / PA / LANCASTER / Majic services inc

MAJIC SERVICES INC

Date Approved

04/10/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

MAJIC SERVICES INC

Borrower Address

1598 COLUMBIA AVE

Borrower City

LANCASTER

Borrower State

PA

Borrower Zip

17603-4527

Loan Status Date

10/01/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

258300.00

Current Approval Amount

258320.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LANCASTER

Project County Name

LANCASTER

Project State

PA

Project Zip

17603-4527

CD

PA-11

Jobs Reported

40

NAICS Code

812320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

258320.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

261742.74

Forgiveness Date

08/23/2021

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