PPP Loan information for Magna group inc.

$117,372

Magna group inc. was initially approved for PPP Loan of amount $117,372, the current approved amount is $117,372. The loan was approved on 03/04/2021 by The Banesco USA reported 10 jobs and $117,372 was used to fund payroll.

Magna group inc. is Existing or more than 2 years old

PPP Loan Search / FL / Doral / Magna group inc.

MAGNA GROUP INC.

Date Approved

03/04/2021

SBA Office Code

0455

Processing Method

PPS

Borrower Name

MAGNA GROUP INC.

Borrower Address

10200 NW 25th St Ste 105A

Borrower City

Doral

Borrower State

FL

Borrower Zip

33172-5919

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

117372.05

Current Approval Amount

117372.05

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

437582

Servicing Lender Name

Banesco USA

Servicing Lender Address

3155 NW 77th Ave

Servicing Lender City

Miami

Servicing Lender State

FL

Servicing Lender Zip

33122

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Doral

Project County Name

MIAMI-DADE

Project State

FL

Project Zip

33172-5919

CD

FL-28

Jobs Reported

10

NAICS Code

424130

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

117372.05

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

437582

Originating Lender

Banesco USA

Originating Lender City

Miami

Originating Lender State

FL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

118112.15

Forgiveness Date

10/25/2021

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