PPP Loan information for Magni inc.

$168,100

Magni inc. was initially approved for PPP Loan of amount $168,100, the current approved amount is $168,100. The loan was approved on 04/06/2020 by The The Cooperative Bank of Cape Cod reported 35 jobs and $168,100 was used to fund payroll.

Magni inc. is Existing or more than 2 years old

MAGNI INC.

Date Approved

04/06/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MAGNI INC.

Borrower Address

348 Main Street

Borrower City

MASHPEE

Borrower State

MA

Borrower Zip

02649-2045

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

168100.00

Current Approval Amount

168100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89212

Servicing Lender Name

The Cooperative Bank of Cape Cod

Servicing Lender Address

25 Benjamin Franklin Way

Servicing Lender City

HYANNIS

Servicing Lender State

MA

Servicing Lender Zip

02601-8140

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MASHPEE

Project County Name

BARNSTABLE

Project State

MA

Project Zip

02649-2045

CD

MA-09

Jobs Reported

35

NAICS Code

311920

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

168100.00

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

89212

Originating Lender

The Cooperative Bank of Cape Cod

Originating Lender City

HYANNIS

Originating Lender State

MA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

170168.56

Forgiveness Date

07/06/2021

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