PPP Loan information for Magic city towing, inc

$28,600

Magic city towing, inc was initially approved for PPP Loan of amount $28,600, the current approved amount is $28,600. The loan was approved on 04/27/2020 by The First Western Bank & Trust reported 3 jobs and $28,600 was used to fund payroll.

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

PPP Loan Search / ND / MINOT / Magic city towing, inc

MAGIC CITY TOWING, INC

Date Approved

04/27/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

MAGIC CITY TOWING, INC

Borrower Address

1700 72nd St. NW

Borrower City

MINOT

Borrower State

ND

Borrower Zip

58703-8887

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

28600.00

Current Approval Amount

28600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52905

Servicing Lender Name

First Western Bank & Trust

Servicing Lender Address

900 S Broadway

Servicing Lender City

MINOT

Servicing Lender State

ND

Servicing Lender Zip

58701-4658

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MINOT

Project County Name

WARD

Project State

ND

Project Zip

58703-8887

CD

ND-

Jobs Reported

3

NAICS Code

488410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

28600.00

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

Subchapter S Corporation

Originating Lender Location Id

52905

Originating Lender

First Western Bank & Trust

Originating Lender City

MINOT

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

28758.89

Forgiveness Date

11/17/2020

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