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

$154,400

Magna-tech electronic co. inc. was initially approved for PPP Loan of amount $154,400, the current approved amount is $154,400. The loan was approved on 04/28/2020 by The BankUnited, National Association reported 17 jobs and $154,400 was used to fund payroll.

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

MAGNA-TECH ELECTRONIC CO. INC.

Date Approved

04/28/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

MAGNA-TECH ELECTRONIC CO. INC.

Borrower Address

329 Palermo Ave.

Borrower City

Coral Gables

Borrower State

FL

Borrower Zip

33134

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

154400.00

Current Approval Amount

154400.00

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

33134-1000

CD

FL-27

Jobs Reported

17

NAICS Code

711310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

154400.00

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

155956.87

Forgiveness Date

04/29/2021

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