PPP Loan information for Magic fit inc

$77,500

Magic fit inc was initially approved for PPP Loan of amount $77,500, the current approved amount is $77,500. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 110 jobs and $77,500 was used to fund payroll.

Magic fit inc is Existing or more than 2 years old

PPP Loan Search / NJ / PASSAIC / Magic fit inc

MAGIC FIT INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MAGIC FIT INC

Borrower Address

61 willet st bldg s 2 fl

Borrower City

PASSAIC

Borrower State

NJ

Borrower Zip

07055

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

77500.00

Current Approval Amount

77500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PASSAIC

Project County Name

PASSAIC

Project State

NJ

Project Zip

07055-0001

CD

NJ-09

Jobs Reported

110

NAICS Code

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3000.00

Payroll Proceed

63000.00

Mortgage Interest Proceed

0.00

Rent Proceed

11500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

78027.43

Forgiveness Date

01/07/2021

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