PPP Loan information for Magic subway inc

$78,449

Magic subway inc was initially approved for PPP Loan of amount $78,449, the current approved amount is $78,449. The loan was approved on 01/28/2021 by The Unity Bank reported 11 jobs and $78,449 was used to fund payroll.

Magic subway inc is Existing or more than 2 years old

PPP Loan Search / NJ / WOODBRIDGE / Magic subway inc

MAGIC SUBWAY INC

Date Approved

01/28/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

MAGIC SUBWAY INC

Borrower Address

306 US 9 NORTH

Borrower City

WOODBRIDGE

Borrower State

NJ

Borrower Zip

07095

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

78449.00

Current Approval Amount

78449.00

Undisbursed Amount

0.00

Franchise Name

Subway

Servicing Lender Location Id

117644

Servicing Lender Name

Unity Bank

Servicing Lender Address

64 Old Hwy 22

Servicing Lender City

CLINTON

Servicing Lender State

NJ

Servicing Lender Zip

08809-1305

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WOODBRIDGE

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

07095

CD

NJ-06

Jobs Reported

11

NAICS Code

722513

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

78446.00

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

117644

Originating Lender

Unity Bank

Originating Lender City

CLINTON

Originating Lender State

NJ

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

78828.17

Forgiveness Date

08/04/2021

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