PPP Loan information for Magic industries llc

$44,797

Magic industries llc was initially approved for PPP Loan of amount $44,797, the current approved amount is $44,797. The loan was approved on 02/27/2021 by The Bangor Savings Bank reported 6 jobs and $44,797 was used to fund payroll.

Magic industries llc is Existing or more than 2 years old

MAGIC INDUSTRIES LLC

Date Approved

02/27/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

MAGIC INDUSTRIES LLC

Borrower Address

10 Filmike Way

Borrower City

South Portland

Borrower State

ME

Borrower Zip

04106-6108

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

44797.00

Current Approval Amount

44797.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29389

Servicing Lender Name

Bangor Savings Bank

Servicing Lender Address

24 Hamlin Way

Servicing Lender City

BANGOR

Servicing Lender State

ME

Servicing Lender Zip

04401-6497

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

South Portland

Project County Name

CUMBERLAND

Project State

ME

Project Zip

04106-6108

CD

ME-01

Jobs Reported

6

NAICS Code

488410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

44797.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

29389

Originating Lender

Bangor Savings Bank

Originating Lender City

BANGOR

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

45028.45

Forgiveness Date

09/07/2021

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