PPP Loan information for Magic towing and recovery

$115,478

Magic towing and recovery was initially approved for PPP Loan of amount $96,327, the current approved amount is $115,478. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 10 jobs and $115,478 was used to fund payroll.

Magic towing and recovery is Existing or more than 2 years old

MAGIC TOWING AND RECOVERY

Date Approved

05/01/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

MAGIC TOWING AND RECOVERY

Borrower Address

7851 W 22ND AVE

Borrower City

HIALEAH

Borrower State

FL

Borrower Zip

33016-5521

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

96327.00

Current Approval Amount

115478.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HIALEAH

Project County Name

MIAMI-DADE

Project State

FL

Project Zip

33016-5521

CD

FL-26

Jobs Reported

10

NAICS Code

484110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

115478.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

116455.61

Forgiveness Date

03/10/2021

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