PPP Loan information for Cinemagic inc

$101,160

Cinemagic inc was initially approved for PPP Loan of amount $101,160, the current approved amount is $101,160. The loan was approved on 03/28/2021 by The People's Bank of Commerce reported 21 jobs and $101,160 was used to fund payroll.

Cinemagic inc is Existing or more than 2 years old

CINEMAGIC INC

Date Approved

03/28/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

CINEMAGIC INC

Borrower Address

1750 NW Hughwood Ave

Borrower City

Roseburg

Borrower State

OR

Borrower Zip

97471-8817

Loan Status Date

12/04/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

101160.00

Current Approval Amount

101160.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122606

Servicing Lender Name

People's Bank of Commerce

Servicing Lender Address

1311 E Barnett Rd

Servicing Lender City

Medford

Servicing Lender State

OR

Servicing Lender Zip

97504

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Roseburg

Project County Name

DOUGLAS

Project State

OR

Project Zip

97471-8817

CD

OR-04

Jobs Reported

21

NAICS Code

512131

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

101156.00

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

122606

Originating Lender

People's Bank of Commerce

Originating Lender City

Medford

Originating Lender State

OR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

101761.42

Forgiveness Date

11/08/2021

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