PPP Loan information for Magic minds

$87,652

Magic minds was initially approved for PPP Loan of amount $87,652, the current approved amount is $87,652. The loan was approved on 05/11/2021 by The Readycap Lending, LLC reported 33 jobs and $87,652 was used to fund payroll.

Magic minds is Existing or more than 2 years old

PPP Loan Search / MD / Elkridge / Magic minds

MAGIC MINDS

Date Approved

05/11/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

MAGIC MINDS

Borrower Address

7739 Mayfield Avenuenull

Borrower City

Elkridge

Borrower State

MD

Borrower Zip

21075

Loan Status Date

07/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

87652.00

Current Approval Amount

87652.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

499141

Servicing Lender Name

Readycap Lending, LLC

Servicing Lender Address

200 Connell Drive Suite 4000

Servicing Lender City

BERKELEY HEIGHTS

Servicing Lender State

NJ

Servicing Lender Zip

07922

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Elkridge

Project County Name

HOWARD

Project State

MD

Project Zip

21075

CD

MD-02

Jobs Reported

33

NAICS Code

624410

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

87647.00

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

501(c)3 – Non Profit

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

88564.54

Forgiveness Date

06/03/2022

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