PPP Loan information for Magna spirits inc

$111,985

Magna spirits inc was initially approved for PPP Loan of amount $111,985, the current approved amount is $111,985. The loan was approved on 04/28/2020 by The Webster Bank National Association reported 22 jobs and $111,985 was used to fund payroll.

Magna spirits inc is Existing or more than 2 years old

PPP Loan Search / RI / PROVIDENCE / Magna spirits inc

MAGNA SPIRITS INC

Date Approved

04/28/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

MAGNA SPIRITS INC

Borrower Address

122 WASHINGTON STREET

Borrower City

PROVIDENCE

Borrower State

RI

Borrower Zip

02903

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

111985.00

Current Approval Amount

111985.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15940

Servicing Lender Name

Webster Bank National Association

Servicing Lender Address

137 Bank St

Servicing Lender City

WATERBURY

Servicing Lender State

CT

Servicing Lender Zip

06702-2205

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PROVIDENCE

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02903-0300

CD

RI-02

Jobs Reported

22

NAICS Code

722410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

111985.00

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

Subchapter S Corporation

Originating Lender Location Id

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

113031.22

Forgiveness Date

04/15/2021

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