PPP Loan information for Magnico management llc

$80,000

Magnico management llc was initially approved for PPP Loan of amount $80,000, the current approved amount is $80,000. The loan was approved on 05/05/2020 by The Fountainhead SBF LLC reported 7 jobs and $80,000 was used to fund payroll.

Magnico management llc is Existing or more than 2 years old

MAGNICO MANAGEMENT LLC

Date Approved

05/05/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MAGNICO MANAGEMENT LLC

Borrower Address

166 Colony Circle

Borrower City

Lakewood

Borrower State

NJ

Borrower Zip

08701

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

80000.00

Current Approval Amount

80000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

524612

Servicing Lender Name

Fountainhead SBF LLC

Servicing Lender Address

3216 W. Lake Mary Blvd

Servicing Lender City

LAKE MARY

Servicing Lender State

FL

Servicing Lender Zip

32746

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lakewood

Project County Name

OCEAN

Project State

NJ

Project Zip

08701-0001

CD

NJ-04

Jobs Reported

7

NAICS Code

561990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

80000.00

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

100631

Originating Lender

Greater Nevada CU

Originating Lender City

CARSON CITY

Originating Lender State

NV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

80920.00

Forgiveness Date

07/12/2021

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