PPP Loan information for Magic city door, inc

$167,500

Magic city door, inc was initially approved for PPP Loan of amount $167,500, the current approved amount is $167,500. The loan was approved on 04/12/2020 by The Cadence Bank reported 23 jobs and $167,500 was used to fund payroll.

Magic city door, inc is Existing or more than 2 years old

PPP Loan Search / AL / BIRMINGHAM / Magic city door, inc

MAGIC CITY DOOR, INC

Date Approved

04/12/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MAGIC CITY DOOR, INC

Borrower Address

5501 VANN PL

Borrower City

BIRMINGHAM

Borrower State

AL

Borrower Zip

35235-3269

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

167500.00

Current Approval Amount

167500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BIRMINGHAM

Project County Name

JEFFERSON

Project State

AL

Project Zip

35235-3269

CD

AL-06

Jobs Reported

23

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

167500.00

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

Corporation

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

158501.88

Forgiveness Date

12/17/2020

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