PPP Loan information for Magna hospitality group lc

$919,400

Magna hospitality group lc was initially approved for PPP Loan of amount $919,400, the current approved amount is $919,400. The loan was approved on 04/15/2020 by The Citizens Bank, National Association reported 37 jobs and $919,400 was used to fund payroll.

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

MAGNA HOSPITALITY GROUP LC

Date Approved

04/15/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

MAGNA HOSPITALITY GROUP LC

Borrower Address

300 Centerville Road Suite 300 East

Borrower City

Warwick

Borrower State

RI

Borrower Zip

02886

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

919400.00

Current Approval Amount

919400.00

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

02886-0004

CD

RI-02

Jobs Reported

37

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

919400.00

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

929299.29

Forgiveness Date

05/21/2021

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