PPP Loan information for Magna hospitality group lc

$1,349,446

Magna hospitality group lc was initially approved for PPP Loan of amount $1,349,446, the current approved amount is $1,349,446. The loan was approved on 02/20/2021 by The Citizens Bank, National Association reported 43 jobs and $1,349,446 was used to fund payroll.

Magna hospitality group lc is Existing or more than 2 years old

PPP Loan Search / RI / Warwick / Magna hospitality group lc

MAGNA HOSPITALITY GROUP LC

Date Approved

02/20/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

MAGNA HOSPITALITY GROUP LC

Borrower Address

300 Centerville Rd

Borrower City

Warwick

Borrower State

RI

Borrower Zip

02886-0200

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1349446.00

Current Approval Amount

1349446.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Warwick

Project County Name

KENT

Project State

RI

Project Zip

02886-0200

CD

RI-02

Jobs Reported

43

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1349443.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1365528.44

Forgiveness Date

05/11/2022

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