PPP Loan information for Magerks elon inc.

$180,214

Magerks elon inc. was initially approved for PPP Loan of amount $180,214, the current approved amount is $180,214. The loan was approved on 01/22/2021 by The The Fidelity Bank reported 50 jobs and $180,214 was used to fund payroll.

Magerks elon inc. is Existing or more than 2 years old

PPP Loan Search / NC / ELON / Magerks elon inc.

MAGERKS ELON INC.

Date Approved

01/22/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

MAGERKS ELON INC.

Borrower Address

138 W. LEBANON ST

Borrower City

ELON

Borrower State

NC

Borrower Zip

27244

Loan Status Date

01/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

180214.00

Current Approval Amount

180214.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50761

Servicing Lender Name

The Fidelity Bank

Servicing Lender Address

100 S Main St

Servicing Lender City

FUQUAY VARINA

Servicing Lender State

NC

Servicing Lender Zip

27526-2221

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELON

Project County Name

GUILFORD

Project State

NC

Project Zip

27244

CD

NC-06

Jobs Reported

50

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

180214.00

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

50761

Originating Lender

The Fidelity Bank

Originating Lender City

FUQUAY VARINA

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

181835.93

Forgiveness Date

12/23/2021

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