PPP Loan information for Magic petroleum corporation

$19,882

Magic petroleum corporation was initially approved for PPP Loan of amount $19,882, the current approved amount is $19,882. The loan was approved on 05/08/2020 by The Cross River Bank reported 3 jobs and $19,882 was used to fund payroll.

Magic petroleum corporation is Existing or more than 2 years old

PPP Loan Search / NJ / FREEHOLD / Magic petroleum corporation

MAGIC PETROLEUM CORPORATION

Date Approved

05/08/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MAGIC PETROLEUM CORPORATION

Borrower Address

381 MONMOUTH ROAD

Borrower City

FREEHOLD

Borrower State

NJ

Borrower Zip

07728

Loan Status Date

03/23/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

19882.00

Current Approval Amount

19882.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FREEHOLD

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07728-0001

CD

NJ-03

Jobs Reported

3

NAICS Code

531120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

19882.00

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

Corporation

Originating Lender Location Id

529113

Originating Lender

Kabbage, Inc.

Originating Lender City

Atlanta

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

20153.27

Forgiveness Date

09/23/2021

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