PPP Loan information for Magic-wrighter, inc.

$781,300

Magic-wrighter, inc. was initially approved for PPP Loan of amount $781,300, the current approved amount is $781,300. The loan was approved on 04/28/2020 by The Comerica Bank reported 59 jobs and $781,300 was used to fund payroll.

Magic-wrighter, inc. is Existing or more than 2 years old

PPP Loan Search / MI / Grand Rapids / Magic-wrighter, inc.

MAGIC-WRIGHTER, INC.

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MAGIC-WRIGHTER, INC.

Borrower Address

1039 3 Mile Rd NW

Borrower City

Grand Rapids

Borrower State

MI

Borrower Zip

49544-1606

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

781300.00

Current Approval Amount

781300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Grand Rapids

Project County Name

KENT

Project State

MI

Project Zip

49544-1606

CD

MI-03

Jobs Reported

59

NAICS Code

518210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

625066.00

Mortgage Interest Proceed

156234.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

786291.64

Forgiveness Date

12/17/2020

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