PPP Loan information for Magno auto repair and sales inc

$25,947

Magno auto repair and sales inc was initially approved for PPP Loan of amount $25,947, the current approved amount is $25,947. The loan was approved on 04/27/2021 by The Digital FCU reported 3 jobs and $25,947 was used to fund payroll.

Magno auto repair and sales inc is Existing or more than 2 years old

MAGNO AUTO REPAIR AND SALES INC

Date Approved

04/27/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

MAGNO AUTO REPAIR AND SALES INC

Borrower Address

469 River Rd

Borrower City

Hudson

Borrower State

MA

Borrower Zip

01749-2626

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

25947.00

Current Approval Amount

25947.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

109589

Servicing Lender Name

Digital FCU

Servicing Lender Address

220 Donald Lynch Blvd

Servicing Lender City

MARLBOROUGH

Servicing Lender State

MA

Servicing Lender Zip

01752-4708

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hudson

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01749-2626

CD

MA-03

Jobs Reported

3

NAICS Code

811111

Race

Black or African American

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

25945.00

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

Subchapter S Corporation

Originating Lender Location Id

109589

Originating Lender

Digital FCU

Originating Lender City

MARLBOROUGH

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

26061.60

Forgiveness Date

10/06/2021

;