PPP Loan information for Magical star preschool inc

$54,975

Magical star preschool inc was initially approved for PPP Loan of amount $54,975, the current approved amount is $54,975. The loan was approved on 03/06/2021 by The Bank of America, National Association reported 12 jobs and $54,975 was used to fund payroll.

Magical star preschool inc is Existing or more than 2 years old

MAGICAL STAR PRESCHOOL INC

Date Approved

03/06/2021

SBA Office Code

0988

Processing Method

PPS

Borrower Name

MAGICAL STAR PRESCHOOL INC

Borrower Address

12643 W Foxfire Dr

Borrower City

Sun City West

Borrower State

AZ

Borrower Zip

85375-5129

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

54975.00

Current Approval Amount

54975.00

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

Sun City West

Project County Name

MARICOPA

Project State

AZ

Project Zip

85375-5129

CD

AZ-08

Jobs Reported

12

NAICS Code

611699

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

54969.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

55262.68

Forgiveness Date

09/15/2021

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