PPP Loan information for Magnasphere corporation

$258,500

Magnasphere corporation was initially approved for PPP Loan of amount $258,500, the current approved amount is $258,500. The loan was approved on 04/08/2020 by The BMO Harris Bank National Association reported 34 jobs and $258,500 was used to fund payroll.

Magnasphere corporation is Existing or more than 2 years old

MAGNASPHERE CORPORATION

Date Approved

04/08/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

MAGNASPHERE CORPORATION

Borrower Address

N22W22931 nancys ct. st.3

Borrower City

WAUKESHA

Borrower State

WI

Borrower Zip

53186

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

258500.00

Current Approval Amount

258500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAUKESHA

Project County Name

WAUKESHA

Project State

WI

Project Zip

53186-0300

CD

WI-05

Jobs Reported

34

NAICS Code

334290

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

258500.00

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

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

260001.42

Forgiveness Date

11/19/2020

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