PPP Loan information for Magic trimmer corp

$139,600

Magic trimmer corp was initially approved for PPP Loan of amount $139,600, the current approved amount is $139,600. The loan was approved on 04/14/2020 by The Capitol National Bank reported 51 jobs and $139,600 was used to fund payroll.

Magic trimmer corp is Existing or more than 2 years old

MAGIC TRIMMER CORP

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MAGIC TRIMMER CORP

Borrower Address

644 MIGALDI LN STE 500

Borrower City

LANSING

Borrower State

MI

Borrower Zip

48917-7740

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

139600.00

Current Approval Amount

139600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35989

Servicing Lender Name

Capitol National Bank

Servicing Lender Address

200 Washington Sq North

Servicing Lender City

LANSING

Servicing Lender State

MI

Servicing Lender Zip

48933-1320

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LANSING

Project County Name

EATON

Project State

MI

Project Zip

48917-7740

CD

MI-07

Jobs Reported

51

NAICS Code

444220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

139600.00

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

35989

Originating Lender

Capitol National Bank

Originating Lender City

LANSING

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

140379.43

Forgiveness Date

11/03/2020

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