PPP Loan information for Magfest inc

$71,947

Magfest inc was initially approved for PPP Loan of amount $71,947, the current approved amount is $71,947. The loan was approved on 03/20/2021 by The Wells Fargo Bank, National Association reported 5 jobs and $71,947 was used to fund payroll.

Magfest inc is Existing or more than 2 years old

PPP Loan Search / MD / Owings Mills / Magfest inc

MAGFEST INC

Date Approved

03/20/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

MAGFEST INC

Borrower Address

10451 Mill Run Cir Ste 400

Borrower City

Owings Mills

Borrower State

MD

Borrower Zip

21117-5594

Loan Status Date

01/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

71947.00

Current Approval Amount

71947.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Owings Mills

Project County Name

BALTIMORE

Project State

MD

Project Zip

21117-5594

CD

MD-02

Jobs Reported

5

NAICS Code

711320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

71945.00

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

Non-Profit Organization

Originating Lender Location Id

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

72443.73

Forgiveness Date

12/07/2021

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