PPP Loan information for Magellan concrete structures 1 corp

$2,982,800

Magellan concrete structures 1 corp was initially approved for PPP Loan of amount $2,982,800, the current approved amount is $2,982,800. The loan was approved on 04/29/2020 by The Capital One, National Association reported 270 jobs and $2,982,800 was used to fund payroll.

Magellan concrete structures 1 corp is Existing or more than 2 years old

PPP Loan Search / NY / Brooklyn / Magellan concrete structures 1 corp

MAGELLAN CONCRETE STRUCTURES 1 CORP

Date Approved

04/29/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

MAGELLAN CONCRETE STRUCTURES 1 CORP

Borrower Address

233 Powell Street

Borrower City

Brooklyn

Borrower State

NY

Borrower Zip

11212

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2982800.00

Current Approval Amount

2982800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28811

Servicing Lender Name

Capital One, National Association

Servicing Lender Address

1680 Capital One Dr

Servicing Lender City

MCLEAN

Servicing Lender State

VA

Servicing Lender Zip

22102-3407

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Brooklyn

Project County Name

KINGS

Project State

NY

Project Zip

11212-0001

CD

NY-09

Jobs Reported

270

NAICS Code

238110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2982800.00

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

Subchapter S Corporation

Originating Lender Location Id

28811

Originating Lender

Capital One, National Association

Originating Lender City

MCLEAN

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3015527.94

Forgiveness Date

06/11/2021

;