PPP Loan information for Magnifico design llc

$20,833

Magnifico design llc was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 03/23/2021 by The Newburyport Five Cents Savings Bank reported 1 jobs and $20,833 was used to fund payroll.

Magnifico design llc is Existing or more than 2 years old

PPP Loan Search / MA / Newburyport / Magnifico design llc

MAGNIFICO DESIGN LLC

Date Approved

03/23/2021

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MAGNIFICO DESIGN LLC

Borrower Address

55 Pleasant St Ste 206

Borrower City

Newburyport

Borrower State

MA

Borrower Zip

01950-2628

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20833.32

Current Approval Amount

20833.32

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33178

Servicing Lender Name

Newburyport Five Cents Savings Bank

Servicing Lender Address

63 State St

Servicing Lender City

NEWBURYPORT

Servicing Lender State

MA

Servicing Lender Zip

01950-6615

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newburyport

Project County Name

ESSEX

Project State

MA

Project Zip

01950-2628

CD

MA-06

Jobs Reported

1

NAICS Code

541430

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

20830.32

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

Limited Liability Company(LLC)

Originating Lender Location Id

33178

Originating Lender

Newburyport Five Cents Savings Bank

Originating Lender City

NEWBURYPORT

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20880.77

Forgiveness Date

06/15/2021

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