PPP Loan information for Magic beans llc

$335,000

Magic beans llc was initially approved for PPP Loan of amount $335,000, the current approved amount is $335,000. The loan was approved on 04/27/2020 by The Cambridge Trust Company reported 27 jobs and $335,000 was used to fund payroll.

Magic beans llc is Existing or more than 2 years old

MAGIC BEANS LLC

Date Approved

04/27/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MAGIC BEANS LLC

Borrower Address

1 Westinghouse Plaza Suite k1

Borrower City

Hyde Park

Borrower State

MA

Borrower Zip

02136

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

335000.00

Current Approval Amount

335000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32708

Servicing Lender Name

Cambridge Trust Company

Servicing Lender Address

1336 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3842

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hyde Park

Project County Name

SUFFOLK

Project State

MA

Project Zip

02136-0001

CD

MA-07

Jobs Reported

27

NAICS Code

424330

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5151.00

Payroll Proceed

236081.85

Mortgage Interest Proceed

0.00

Rent Proceed

93767.15

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

32708

Originating Lender

Cambridge Trust Company

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

338126.67

Forgiveness Date

04/08/2021

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