PPP Loan information for Mag resources, llc

$106,600

Mag resources, llc was initially approved for PPP Loan of amount $106,600, the current approved amount is $106,600. The loan was approved on 04/09/2020 by The The Commercial and Savings Bank of Millersburg, Ohio reported 17 jobs and $106,600 was used to fund payroll.

Mag resources, llc is Existing or more than 2 years old

PPP Loan Search / OH / BARBERTON / Mag resources, llc

MAG RESOURCES, LLC

Date Approved

04/09/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

MAG RESOURCES, LLC

Borrower Address

711 WOOSTER RD W

Borrower City

BARBERTON

Borrower State

OH

Borrower Zip

44203-1821

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

106600.00

Current Approval Amount

106600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57845

Servicing Lender Name

The Commercial and Savings Bank of Millersburg, Ohio

Servicing Lender Address

91 N Clay St

Servicing Lender City

MILLERSBURG

Servicing Lender State

OH

Servicing Lender Zip

44654-1117

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BARBERTON

Project County Name

SUMMIT

Project State

OH

Project Zip

44203-1821

CD

OH-13

Jobs Reported

17

NAICS Code

236210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

13325.00

Payroll Proceed

79950.00

Mortgage Interest Proceed

13325.00

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

57845

Originating Lender

The Commercial and Savings Bank of Millersburg, Ohio

Originating Lender City

MILLERSBURG

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

107840.71

Forgiveness Date

06/11/2021

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