PPP Loan information for Magic space entertainment inc

$398,300

Magic space entertainment inc was initially approved for PPP Loan of amount $367,500, the current approved amount is $398,300. The loan was approved on 04/07/2020 by The Celtic Bank Corporation reported 12 jobs and $398,300 was used to fund payroll.

Magic space entertainment inc is Existing or more than 2 years old

MAGIC SPACE ENTERTAINMENT INC

Date Approved

04/07/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

MAGIC SPACE ENTERTAINMENT INC

Borrower Address

2750 Rasmussen Road Ste 205

Borrower City

PARK CITY

Borrower State

UT

Borrower Zip

84098-5299

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

367500.00

Current Approval Amount

398300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

223542

Servicing Lender Name

Celtic Bank Corporation

Servicing Lender Address

268 S State St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-5314

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PARK CITY

Project County Name

SUMMIT

Project State

UT

Project Zip

84098-5299

CD

UT-01

Jobs Reported

12

NAICS Code

711410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9575.00

Payroll Proceed

298725.00

Mortgage Interest Proceed

90000.00

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

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

403385.15

Forgiveness Date

07/20/2021

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