PPP Loan information for Mag retail holdings

$710,300

Mag retail holdings was initially approved for PPP Loan of amount $710,300, the current approved amount is $710,300. The loan was approved on 04/11/2020 by The Truist Bank reported 52 jobs and $710,300 was used to fund payroll.

Mag retail holdings is Existing or more than 2 years old

PPP Loan Search / MA / WESTBOROUGH / Mag retail holdings

MAG RETAIL HOLDINGS

Date Approved

04/11/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MAG RETAIL HOLDINGS

Borrower Address

150 Turnpike Rd

Borrower City

WESTBOROUGH

Borrower State

MA

Borrower Zip

01581

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

710300.00

Current Approval Amount

710300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WESTBOROUGH

Project County Name

WORCESTER

Project State

MA

Project Zip

01581-0001

CD

MA-02

Jobs Reported

52

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

710300.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

724288.96

Forgiveness Date

04/01/2022

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