PPP Loan information for Magic industries, inc.

$691,812

Magic industries, inc. was initially approved for PPP Loan of amount $691,812, the current approved amount is $691,812. The loan was approved on 04/11/2020 by The JPMorgan Chase Bank, National Association reported 57 jobs and $691,812 was used to fund payroll.

Magic industries, inc. is Existing or more than 2 years old

PPP Loan Search / OH / Columbus / Magic industries, inc.

MAGIC INDUSTRIES, INC.

Date Approved

04/11/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

MAGIC INDUSTRIES, INC.

Borrower Address

4651 Poth Road

Borrower City

Columbus

Borrower State

OH

Borrower Zip

43213

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

691812.00

Current Approval Amount

691812.00

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

Columbus

Project County Name

FRANKLIN

Project State

OH

Project Zip

43213-0001

CD

OH-03

Jobs Reported

57

NAICS Code

811121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

19095.00

Payroll Proceed

553450.00

Mortgage Interest Proceed

31882.00

Rent Proceed

42591.00

Refinance EIDL Proceed

0.00

Health Care Proceed

43397.00

Debt Interest Proceed

1397

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

698949.58

Forgiveness Date

04/29/2021

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