PPP Loan information for Magna technology llc

$64,200

Magna technology llc was initially approved for PPP Loan of amount $64,200, the current approved amount is $64,200. The loan was approved on 04/05/2020 by The Main Street Bank reported 5 jobs and $64,200 was used to fund payroll.

Magna technology llc is New Business or 2 years or less

PPP Loan Search / MA / BOLTON / Magna technology llc

MAGNA TECHNOLOGY LLC

Date Approved

04/05/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MAGNA TECHNOLOGY LLC

Borrower Address

117 Fox Run

Borrower City

BOLTON

Borrower State

MA

Borrower Zip

01740-2017

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

64200.00

Current Approval Amount

64200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33042

Servicing Lender Name

Main Street Bank

Servicing Lender Address

81 Granger Blvd

Servicing Lender City

MARLBOROUGH

Servicing Lender State

MA

Servicing Lender Zip

01752-2851

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

BOLTON

Project County Name

WORCESTER

Project State

MA

Project Zip

01740-2017

CD

MA-03

Jobs Reported

5

NAICS Code

541511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

64200.00

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

33042

Originating Lender

Main Street Bank

Originating Lender City

MARLBOROUGH

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

64852.55

Forgiveness Date

04/29/2021

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