PPP Loan information for Magna-tech electronic co. inc.

$154,426

Magna-tech electronic co. inc. was initially approved for PPP Loan of amount $154,426, the current approved amount is $154,426. The loan was approved on 02/18/2021 by The BankUnited, National Association reported 15 jobs and $154,426 was used to fund payroll.

Magna-tech electronic co. inc. is Existing or more than 2 years old

PPP Loan Search / FL / Coral Gables / Magna-tech electronic co. inc.

MAGNA-TECH ELECTRONIC CO. INC.

Date Approved

02/18/2021

SBA Office Code

0455

Processing Method

PPS

Borrower Name

MAGNA-TECH ELECTRONIC CO. INC.

Borrower Address

329 Palermo Ave

Borrower City

Coral Gables

Borrower State

FL

Borrower Zip

33134-6601

Loan Status Date

02/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

154426.00

Current Approval Amount

154426.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

464999

Servicing Lender Name

BankUnited, National Association

Servicing Lender Address

14817 Oak Lane

Servicing Lender City

MIAMI LAKES

Servicing Lender State

FL

Servicing Lender Zip

33016-1517

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Coral Gables

Project County Name

MIAMI-DADE

Project State

FL

Project Zip

33134-6601

CD

FL-27

Jobs Reported

15

NAICS Code

423410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

154422.00

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

464999

Originating Lender

BankUnited, National Association

Originating Lender City

MIAMI LAKES

Originating Lender State

FL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

155820.12

Forgiveness Date

01/11/2022

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