PPP Loan information for Magma metalworks inc

$11,307

Magma metalworks inc was initially approved for PPP Loan of amount $11,307, the current approved amount is $11,307. The loan was approved on 03/03/2021 by The Camden National Bank reported 2 jobs and $11,307 was used to fund payroll.

Magma metalworks inc is Existing or more than 2 years old

MAGMA METALWORKS INC

Date Approved

03/03/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

MAGMA METALWORKS INC

Borrower Address

164 Friendship Road

Borrower City

Waldoboro

Borrower State

ME

Borrower Zip

04572

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

11307.41

Current Approval Amount

11307.41

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29633

Servicing Lender Name

Camden National Bank

Servicing Lender Address

2 Elm St

Servicing Lender City

CAMDEN

Servicing Lender State

ME

Servicing Lender Zip

04843-1947

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Waldoboro

Project County Name

LINCOLN

Project State

ME

Project Zip

04572

CD

ME-01

Jobs Reported

2

NAICS Code

332323

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

11304.41

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

29633

Originating Lender

Camden National Bank

Originating Lender City

CAMDEN

Originating Lender State

ME

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

11373.37

Forgiveness Date

10/04/2021

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