PPP Loan information for Magic wok inc

$41,626

Magic wok inc was initially approved for PPP Loan of amount $41,626, the current approved amount is $41,626. The loan was approved on 01/29/2021 by The Premier Bank reported 4 jobs and $41,626 was used to fund payroll.

Magic wok inc is Existing or more than 2 years old

MAGIC WOK INC

Date Approved

01/29/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

MAGIC WOK INC

Borrower Address

3352 W Laskey Rd

Borrower City

Toledo

Borrower State

OH

Borrower Zip

43623-4030

Loan Status Date

01/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

41625.50

Current Approval Amount

41625.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84349

Servicing Lender Name

Premier Bank

Servicing Lender Address

275 W Federal St

Servicing Lender City

YOUNGSTOWN

Servicing Lender State

OH

Servicing Lender Zip

44503

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Toledo

Project County Name

LUCAS

Project State

OH

Project Zip

43623-4030

CD

OH-09

Jobs Reported

4

NAICS Code

722513

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

41621.50

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

84349

Originating Lender

Premier Bank

Originating Lender City

YOUNGSTOWN

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

41983.94

Forgiveness Date

12/09/2021

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