PPP Loan information for Launchmagic.com, inc.

$305,755

Launchmagic.com, inc. was initially approved for PPP Loan of amount $305,755, the current approved amount is $305,755. The loan was approved on 02/10/2021 by The JPMorgan Chase Bank, National Association reported 16 jobs and $305,755 was used to fund payroll.

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

PPP Loan Search / NJ / Oceanport / Launchmagic.com, inc.

LAUNCHMAGIC.COM, INC.

Date Approved

02/10/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

LAUNCHMAGIC.COM, INC.

Borrower Address

115 Smith St

Borrower City

Oceanport

Borrower State

NJ

Borrower Zip

07757-1558

Loan Status Date

03/02/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

305755.00

Current Approval Amount

305755.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Oceanport

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07757-1558

CD

NJ-06

Jobs Reported

16

NAICS Code

541511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

305752.00

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

309408.94

Forgiveness Date

04/27/2022

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