PPP Loan information for Magcomm, llc

$5,200

Magcomm, llc was initially approved for PPP Loan of amount $5,200, the current approved amount is $5,200. The loan was approved on 04/28/2020 by The Traditional Bank, Inc. reported 2 jobs and $5,200 was used to fund payroll.

Magcomm, llc is Existing or more than 2 years old

MAGCOMM, LLC

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

5200.00

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

KY

Servicing Lender Zip

40353-1316

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GEORGETOWN

Project County Name

SCOTT

Project State

KY

Project Zip

40324-0001

CD

KY-06

Jobs Reported

2

NAICS Code

561110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

5200.00

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

Sole Proprietorship

Originating Lender Location Id

27631

Originating Lender

Traditional Bank, Inc.

Originating Lender City

MOUNT STERLING

Originating Lender State

KY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

5234.48

Forgiveness Date

12/31/2020

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