PPP Loan information for Magna 8 corp.

$20,800

Magna 8 corp. was initially approved for PPP Loan of amount $20,800, the current approved amount is $20,800. The loan was approved on 01/27/2021 by The Citibank, N.A. reported 1 jobs and $20,800 was used to fund payroll.

Magna 8 corp. is Existing or more than 2 years old

MAGNA 8 CORP.

Date Approved

01/27/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

MAGNA 8 CORP.

Borrower Address

39 Holiday Point Rd

Borrower City

Sherman

Borrower State

CT

Borrower Zip

06784-1628

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20800.00

Current Approval Amount

20800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

49274

Servicing Lender Name

Citibank, N.A.

Servicing Lender Address

5800 S. Corporate Place

Servicing Lender City

Sioux Falls

Servicing Lender State

SD

Servicing Lender Zip

57108

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sherman

Project County Name

FAIRFIELD

Project State

CT

Project Zip

06784-1628

CD

CT-05

Jobs Reported

1

NAICS Code

541512

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20800.00

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

Corporation

Originating Lender Location Id

49274

Originating Lender

Citibank, N.A.

Originating Lender City

Sioux Falls

Originating Lender State

SD

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

20924.80

Forgiveness Date

09/08/2021

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