PPP Loan information for Magni inc

$155,000

Magni inc was initially approved for PPP Loan of amount $155,000, the current approved amount is $155,000. The loan was approved on 01/28/2021 by The The Cooperative Bank of Cape Cod reported 43 jobs and $155,000 was used to fund payroll.

Magni inc is Existing or more than 2 years old

PPP Loan Search / MA / Mashpee / Magni inc

MAGNI INC

Date Approved

01/28/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

MAGNI INC

Borrower Address

10 Evergreen Cir

Borrower City

Mashpee

Borrower State

MA

Borrower Zip

02649-2020

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

155000.00

Current Approval Amount

155000.00

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

02649-2020

CD

MA-09

Jobs Reported

43

NAICS Code

311920

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

154998.00

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

Non-Veteran

Non Profit

Forgiveness Amount

121308.53

Forgiveness Date

04/01/2022

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