PPP Loan information for Magnet apparel llc

$89,500

Magnet apparel llc was initially approved for PPP Loan of amount $89,500, the current approved amount is $89,500. The loan was approved on 01/23/2021 by The First National Bank of Pennsylvania reported 19 jobs and $89,500 was used to fund payroll.

Magnet apparel llc is Existing or more than 2 years old

PPP Loan Search / PA / State College / Magnet apparel llc

MAGNET APPAREL LLC

Date Approved

01/23/2021

SBA Office Code

0358

Processing Method

PPS

Borrower Name

MAGNET APPAREL LLC

Borrower Address

224 E College Ave

Borrower City

State College

Borrower State

PA

Borrower Zip

16801-4755

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

89500.00

Current Approval Amount

89500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60275

Servicing Lender Name

First National Bank of Pennsylvania

Servicing Lender Address

166 Main St

Servicing Lender City

GREENVILLE

Servicing Lender State

PA

Servicing Lender Zip

16125-2146

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

State College

Project County Name

CENTRE

Project State

PA

Project Zip

16801-4755

CD

PA-15

Jobs Reported

19

NAICS Code

448110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

89497.00

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

60275

Originating Lender

First National Bank of Pennsylvania

Originating Lender City

GREENVILLE

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

89949.99

Forgiveness Date

07/30/2021

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