PPP Loan information for Magnet material specialist llc

$81,945

Magnet material specialist llc was initially approved for PPP Loan of amount $81,945, the current approved amount is $81,945. The loan was approved on 04/14/2020 by The First Horizon Bank reported 7 jobs and $81,945 was used to fund payroll.

Magnet material specialist llc is Existing or more than 2 years old

PPP Loan Search / TN / WALLAND / Magnet material specialist llc

MAGNET MATERIAL SPECIALIST LLC

Date Approved

04/14/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MAGNET MATERIAL SPECIALIST LLC

Borrower Address

237 MEDLIN LN

Borrower City

WALLAND

Borrower State

TN

Borrower Zip

37886-2610

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

81945.00

Current Approval Amount

81945.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WALLAND

Project County Name

BLOUNT

Project State

TN

Project Zip

37886-2610

CD

TN-02

Jobs Reported

7

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

81945.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

82796.32

Forgiveness Date

05/10/2021

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