Date Approved
04/28/2020
SBA Office Code
0457
Processing Method
PPP
Borrower Name
MAGCOMM, LLC
Borrower Address
2003 Newtown Pike
Borrower City
GEORGETOWN
Borrower State
KY
Borrower Zip
40324
Loan Status Date
01/09/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
5200.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
27631
Servicing Lender Name
Traditional Bank, Inc.
Servicing Lender Address
49 W Main St
Servicing Lender City
MOUNT STERLING
Servicing Lender State
Servicing Lender Zip
40353-1316
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
SCOTT
Project State
Project Zip
40324-0001
CD
KY-06
Jobs Reported
2
NAICS Code
561110
Race
White
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
Sole Proprietorship
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
5234.48
Forgiveness Date
12/31/2020