Date Approved
04/11/2020
SBA Office Code
0156
Processing Method
PPP
Borrower Name
MAGANTI IT RESOURCES, LLC
Borrower Address
5 MEADOW ST SUITE 201
Borrower City
NAUGATUCK
Borrower State
CT
Borrower Zip
06770-4001
Loan Status Date
03/16/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
69600.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
16333
Servicing Lender Name
Ion Bank
Servicing Lender Address
87 Church St
Servicing Lender City
Servicing Lender State
Servicing Lender Zip
06770-4111
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
NEW HAVEN
Project State
Project Zip
CD
CT-03
Jobs Reported
18
NAICS Code
541519
Race
Asian
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
70147.27
Forgiveness Date
02/01/2021