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
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
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
OCEAN
Project State
Project Zip
08701-0001
CD
NJ-04
Jobs Reported
7
NAICS Code
561990
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
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
Veteran
Non Profit
Forgiveness Amount
80920.00
Forgiveness Date
07/12/2021