PPP Loan information for Mag resources llv

$142,500

Mag resources llv was initially approved for PPP Loan of amount $142,500, the current approved amount is $142,500. The loan was approved on 02/17/2021 by The The Commercial and Savings Bank of Millersburg, Ohio reported 17 jobs and $142,500 was used to fund payroll.

Mag resources llv is Existing or more than 2 years old

MAG RESOURCES LLV

Date Approved

02/17/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

MAG RESOURCES LLV

Borrower Address

711 Wooster Rd W

Borrower City

Barberton

Borrower State

OH

Borrower Zip

44203-2444

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

142500.00

Current Approval Amount

142500.00

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

44203-2444

CD

OH-13

Jobs Reported

17

NAICS Code

423220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

142497.00

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

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

143746.88

Forgiveness Date

01/03/2022

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