PPP Loan information for It's magic inc.

$164,838

It's magic inc. was initially approved for PPP Loan of amount $164,838, the current approved amount is $164,838. The loan was approved on 01/20/2021 by The Zions Bank, A Division of reported 30 jobs and $164,838 was used to fund payroll.

It's magic inc. is Existing or more than 2 years old

IT'S MAGIC INC.

Date Approved

01/20/2021

SBA Office Code

0988

Processing Method

PPS

Borrower Name

IT'S MAGIC INC.

Borrower Address

1327 E White Mountain Blvd

Borrower City

Pinetop

Borrower State

AZ

Borrower Zip

85935-5006

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

164837.50

Current Approval Amount

164837.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72601

Servicing Lender Name

Zions Bank, A Division of

Servicing Lender Address

1 S Main St

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84133-1109

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Pinetop

Project County Name

NAVAJO

Project State

AZ

Project Zip

85935-5006

CD

AZ-02

Jobs Reported

30

NAICS Code

561730

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

164833.50

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

72601

Originating Lender

Zions Bank, A Division of

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

166219.43

Forgiveness Date

11/26/2021

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