PPP Loan information for Magic city enterprises inc

$742,500

Magic city enterprises inc was initially approved for PPP Loan of amount $742,500, the current approved amount is $742,500. The loan was approved on 04/12/2020 by The First Interstate Bank reported 139 jobs and $742,500 was used to fund payroll.

Magic city enterprises inc is Existing or more than 2 years old

PPP Loan Search / WY / CHEYENNE / Magic city enterprises inc

MAGIC CITY ENTERPRISES INC

Date Approved

04/12/2020

SBA Office Code

0897

Processing Method

PPP

Borrower Name

MAGIC CITY ENTERPRISES INC

Borrower Address

1780 Westland Road

Borrower City

CHEYENNE

Borrower State

WY

Borrower Zip

82001-3322

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

742500.00

Current Approval Amount

742500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41844

Servicing Lender Name

First Interstate Bank

Servicing Lender Address

401 N 31st St

Servicing Lender City

BILLINGS

Servicing Lender State

MT

Servicing Lender Zip

59101-1200

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHEYENNE

Project County Name

LARAMIE

Project State

WY

Project Zip

82001-3322

CD

WY-

Jobs Reported

139

NAICS Code

623210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

742500.00

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

41844

Originating Lender

First Interstate Bank

Originating Lender City

BILLINGS

Originating Lender State

MT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

746914.32

Forgiveness Date

11/17/2020

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