PPP Loan information for Magnify brewing, llc

$124,345

Magnify brewing, llc was initially approved for PPP Loan of amount $124,345, the current approved amount is $124,345. The loan was approved on 04/08/2020 by The Columbia Bank reported 12 jobs and $124,345 was used to fund payroll.

Magnify brewing, llc is Existing or more than 2 years old

MAGNIFY BREWING, LLC

Date Approved

04/08/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MAGNIFY BREWING, LLC

Borrower Address

1275 BLOOMFIELD AVE Building 7, Unit 40

Borrower City

FAIRFIELD

Borrower State

NJ

Borrower Zip

07004-2700

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

124345.00

Current Approval Amount

124345.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

80189

Servicing Lender Name

Columbia Bank

Servicing Lender Address

19-01 Rte 208 N

Servicing Lender City

FAIR LAWN

Servicing Lender State

NJ

Servicing Lender Zip

07410-2832

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRFIELD

Project County Name

ESSEX

Project State

NJ

Project Zip

07004-2700

CD

NJ-11

Jobs Reported

12

NAICS Code

312120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

124345.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

80189

Originating Lender

Columbia Bank

Originating Lender City

FAIR LAWN

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

125343.17

Forgiveness Date

02/09/2021

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