PPP Loan information for Magnus on water, llc

$63,900

Magnus on water, llc was initially approved for PPP Loan of amount $63,900, the current approved amount is $63,900. The loan was approved on 04/08/2020 by The Maine Community Bank reported 9 jobs and $63,900 was used to fund payroll.

Magnus on water, llc is New Business or 2 years or less

PPP Loan Search / ME / BIDDEFORD / Magnus on water, llc

MAGNUS ON WATER, LLC

Date Approved

04/08/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

MAGNUS ON WATER, LLC

Borrower Address

12 Water Street. Ste 101

Borrower City

BIDDEFORD

Borrower State

ME

Borrower Zip

04005-2633

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

63900.00

Current Approval Amount

63900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29614

Servicing Lender Name

Maine Community Bank

Servicing Lender Address

254 Main St

Servicing Lender City

BIDDEFORD

Servicing Lender State

ME

Servicing Lender Zip

04005-2400

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

BIDDEFORD

Project County Name

YORK

Project State

ME

Project Zip

04005-2633

CD

ME-01

Jobs Reported

9

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4724.00

Payroll Proceed

47926.00

Mortgage Interest Proceed

0.00

Rent Proceed

11250.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

29614

Originating Lender

Maine Community Bank

Originating Lender City

BIDDEFORD

Originating Lender State

ME

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

55243.13

Forgiveness Date

11/25/2020

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