PPP Loan information for Magma gems, inc.

$37,859

Magma gems, inc. was initially approved for PPP Loan of amount $37,859, the current approved amount is $37,859. The loan was approved on 04/27/2020 by The Wildfire CU reported 6 jobs and $37,859 was used to fund payroll.

Magma gems, inc. is Existing or more than 2 years old

PPP Loan Search / MI / SAGINAW / Magma gems, inc.

MAGMA GEMS, INC.

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MAGMA GEMS, INC.

Borrower Address

1975 MIDLAND RD

Borrower City

SAGINAW

Borrower State

MI

Borrower Zip

48638-4342

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

37859.00

Current Approval Amount

37859.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99340

Servicing Lender Name

Wildfire CU

Servicing Lender Address

6640 Bay Rd

Servicing Lender City

SAGINAW

Servicing Lender State

MI

Servicing Lender Zip

48604-9735

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAGINAW

Project County Name

SAGINAW

Project State

MI

Project Zip

48638-4342

CD

MI-08

Jobs Reported

6

NAICS Code

541490

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

37859.00

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

Subchapter S Corporation

Originating Lender Location Id

99340

Originating Lender

Wildfire CU

Originating Lender City

SAGINAW

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

32051.90

Forgiveness Date

12/09/2020

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