PPP Loan information for Magnaroute llc

$9,281

Magnaroute llc was initially approved for PPP Loan of amount $9,281, the current approved amount is $9,281. The loan was approved on 03/20/2021 by The Cross River Bank reported 1 jobs and $9,281 was used to fund payroll.

Magnaroute llc is Existing or more than 2 years old

MAGNAROUTE LLC

Date Approved

03/20/2021

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MAGNAROUTE LLC

Borrower Address

26 Cutter Ln

Borrower City

Westford

Borrower State

MA

Borrower Zip

01886-4050

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

9281.00

Current Approval Amount

9281.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Westford

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01886-4050

CD

MA-03

Jobs Reported

1

NAICS Code

454110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

9280.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

9323.72

Forgiveness Date

09/08/2021

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