PPP Loan information for Magical theatre company

$37,627

Magical theatre company was initially approved for PPP Loan of amount $37,627, the current approved amount is $37,627. The loan was approved on 04/17/2021 by The Loan Source Incorporated reported 5 jobs and $37,627 was used to fund payroll.

Magical theatre company is Existing or more than 2 years old

MAGICAL THEATRE COMPANY

Date Approved

04/17/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

MAGICAL THEATRE COMPANY

Borrower Address

564 W Tuscarawas Ave

Borrower City

Barberton

Borrower State

OH

Borrower Zip

44203-8213

Loan Status Date

11/18/2022

Loan Status

Charged Off

Term

37

SBA Guaranty Percentage

100

Initial Approval Amount

37627.00

Current Approval Amount

37627.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Barberton

Project County Name

SUMMIT

Project State

OH

Project Zip

44203-8213

CD

OH-13

Jobs Reported

5

NAICS Code

711110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

37624.00

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

Non-Profit Organization

Originating Lender Location Id

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

0.00

Forgiveness Date

;