PPP Loan information for Launchmagic.com, inc.

$330,897

Launchmagic.com, inc. was initially approved for PPP Loan of amount $330,897, the current approved amount is $330,897. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 16 jobs and $330,897 was used to fund payroll.

Launchmagic.com, inc. is Existing or more than 2 years old

PPP Loan Search / NC / SANFORD / Launchmagic.com, inc.

LAUNCHMAGIC.COM, INC.

Date Approved

05/01/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

LAUNCHMAGIC.COM, INC.

Borrower Address

500 WESTOVER DR STE 13081

Borrower City

SANFORD

Borrower State

NC

Borrower Zip

27330

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

330897.00

Current Approval Amount

330897.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SANFORD

Project County Name

CHATHAM

Project State

NC

Project Zip

27330-0001

CD

NC-09

Jobs Reported

16

NAICS Code

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

330897.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

333896.22

Forgiveness Date

03/31/2021

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