PPP Loan information for Magilla entertainment llc

$2,500,000

Magilla entertainment llc was initially approved for PPP Loan of amount $2,500,000, the current approved amount is $2,500,000. The loan was approved on 04/06/2020 by The City National Bank reported 199 jobs and $2,500,000 was used to fund payroll.

Magilla entertainment llc is Existing or more than 2 years old

MAGILLA ENTERTAINMENT LLC

Date Approved

04/06/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

MAGILLA ENTERTAINMENT LLC

Borrower Address

42 BROADWAY SUITE 227

Borrower City

NEW YORK

Borrower State

NY

Borrower Zip

10004-1611

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2500000.00

Current Approval Amount

2500000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW YORK

Project County Name

NEW YORK

Project State

NY

Project Zip

10004-1611

CD

NY-10

Jobs Reported

199

NAICS Code

512110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

16500.00

Payroll Proceed

2186000.00

Mortgage Interest Proceed

7500.00

Rent Proceed

210000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

80000.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2534726.03

Forgiveness Date

09/17/2021

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