PPP Loan information for Magicflex

$300,000

Magicflex was initially approved for PPP Loan of amount $300,000, the current approved amount is $300,000. The loan was approved on 01/22/2021 by The City National Bank of Florida reported 10 jobs and $300,000 was used to fund payroll.

Magicflex is Existing or more than 2 years old

PPP Loan Search / FL / Hialeah / Magicflex

MAGICFLEX

Date Approved

01/22/2021

SBA Office Code

0455

Processing Method

PPS

Borrower Name

MAGICFLEX

Borrower Address

650 W 20th St

Borrower City

Hialeah

Borrower State

FL

Borrower Zip

33010-2428

Loan Status Date

04/18/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

300000.00

Current Approval Amount

300000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

17124

Servicing Lender Name

City National Bank of Florida

Servicing Lender Address

100 SE 2nd St

Servicing Lender City

MIAMI

Servicing Lender State

FL

Servicing Lender Zip

33131

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hialeah

Project County Name

MIAMI-DADE

Project State

FL

Project Zip

33010-2428

CD

FL-26

Jobs Reported

10

NAICS Code

339999

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

299994.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

17124

Originating Lender

City National Bank of Florida

Originating Lender City

MIAMI

Originating Lender State

FL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

301922.57

Forgiveness Date

06/03/2022

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