PPP Loan information for Magnetics design, llc

$21,225

Magnetics design, llc was initially approved for PPP Loan of amount $21,225, the current approved amount is $21,225. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 2 jobs and $21,225 was used to fund payroll.

Magnetics design, llc is Existing or more than 2 years old

PPP Loan Search / IL / CRYSTAL LAKE / Magnetics design, llc

MAGNETICS DESIGN, LLC

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MAGNETICS DESIGN, LLC

Borrower Address

4212 CONNECTICUT TRL

Borrower City

CRYSTAL LAKE

Borrower State

IL

Borrower Zip

60012

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

21225.00

Current Approval Amount

21225.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CRYSTAL LAKE

Project County Name

MCHENRY

Project State

IL

Project Zip

60012-1000

CD

IL-11

Jobs Reported

2

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

611.00

Payroll Proceed

19708.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

906.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

21478.65

Forgiveness Date

07/15/2021

;