PPP Loan information for Magdaz enterprises inc

$233,293

Magdaz enterprises inc was initially approved for PPP Loan of amount $233,293, the current approved amount is $233,293. The loan was approved on 01/31/2021 by The Farmers & Merchants Bank of Long Beach reported 13 jobs and $233,293 was used to fund payroll.

Magdaz enterprises inc is Existing or more than 2 years old

PPP Loan Search / CA / Long Beach / Magdaz enterprises inc

MAGDAZ ENTERPRISES INC

Date Approved

01/31/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

MAGDAZ ENTERPRISES INC

Borrower Address

1500 Long Beach Blvd

Borrower City

Long Beach

Borrower State

CA

Borrower Zip

90813-1924

Loan Status Date

12/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

233293.00

Current Approval Amount

233293.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5479

Servicing Lender Name

Farmers & Merchants Bank of Long Beach

Servicing Lender Address

302 Pine Ave

Servicing Lender City

LONG BEACH

Servicing Lender State

CA

Servicing Lender Zip

90802-2326

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Long Beach

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90813-1924

CD

CA-42

Jobs Reported

13

NAICS Code

488410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

233291.00

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

5479

Originating Lender

Farmers & Merchants Bank of Long Beach

Originating Lender City

LONG BEACH

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

235127.39

Forgiveness Date

11/19/2021

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