PPP Loan information for Magdich construction

$27,399

Magdich construction was initially approved for PPP Loan of amount $27,399, the current approved amount is $27,399. The loan was approved on 04/07/2020 by The The Merchants National Bank reported 4 jobs and $27,399 was used to fund payroll.

Magdich construction is Existing or more than 2 years old

MAGDICH CONSTRUCTION

Date Approved

04/07/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

MAGDICH CONSTRUCTION

Borrower Address

14611 BURCHAM RD

Borrower City

LOGAN

Borrower State

OH

Borrower Zip

43138-8014

Loan Status Date

11/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

27399.00

Current Approval Amount

27399.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57641

Servicing Lender Name

The Merchants National Bank

Servicing Lender Address

100 N High St

Servicing Lender City

HILLSBORO

Servicing Lender State

OH

Servicing Lender Zip

45133-1152

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LOGAN

Project County Name

HOCKING

Project State

OH

Project Zip

43138-8014

CD

OH-02

Jobs Reported

4

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

27399.00

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

57641

Originating Lender

The Merchants National Bank

Originating Lender City

HILLSBORO

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

23521.84

Forgiveness Date

10/16/2020

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