PPP Loan information for Magna education corporation

$14,372

Magna education corporation was initially approved for PPP Loan of amount $14,372, the current approved amount is $14,372. The loan was approved on 02/06/2021 by The New Millennium Bank reported 2 jobs and $14,372 was used to fund payroll.

Magna education corporation is Existing or more than 2 years old

PPP Loan Search / NJ / Englewood Cliffs / Magna education corporation

MAGNA EDUCATION CORPORATION

Date Approved

02/06/2021

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MAGNA EDUCATION CORPORATION

Borrower Address

210 Sylvan Ave Ste B5

Borrower City

Englewood Cliffs

Borrower State

NJ

Borrower Zip

07632-2502

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

14372.00

Current Approval Amount

14372.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124112

Servicing Lender Name

New Millennium Bank

Servicing Lender Address

222 Bridge Plz South, Ste 400

Servicing Lender City

FORT LEE

Servicing Lender State

NJ

Servicing Lender Zip

07024-5730

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Englewood Cliffs

Project County Name

BERGEN

Project State

NJ

Project Zip

07632-2502

CD

NJ-05

Jobs Reported

2

NAICS Code

611691

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

14370.00

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

124112

Originating Lender

New Millennium Bank

Originating Lender City

FORT LEE

Originating Lender State

NJ

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

14421.61

Forgiveness Date

06/23/2021

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