PPP Loan information for Magonis ferry landing, inc.

$105,000

Magonis ferry landing, inc. was initially approved for PPP Loan of amount $105,000, the current approved amount is $105,000. The loan was approved on 04/15/2020 by The Mechanics Cooperative Bank reported 48 jobs and $105,000 was used to fund payroll.

Magonis ferry landing, inc. is Existing or more than 2 years old

PPP Loan Search / MA / SOMERSET / Magonis ferry landing, inc.

MAGONIS FERRY LANDING, INC.

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MAGONIS FERRY LANDING, INC.

Borrower Address

681 RIVERSIDE AVE

Borrower City

SOMERSET

Borrower State

MA

Borrower Zip

02725-2843

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

105000.00

Current Approval Amount

105000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89240

Servicing Lender Name

Mechanics Cooperative Bank

Servicing Lender Address

308 Bay St

Servicing Lender City

TAUNTON

Servicing Lender State

MA

Servicing Lender Zip

02780-1834

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOMERSET

Project County Name

BRISTOL

Project State

MA

Project Zip

02725-2843

CD

MA-04

Jobs Reported

48

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

27400.00

Payroll Proceed

68600.00

Mortgage Interest Proceed

3000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

89240

Originating Lender

Mechanics Cooperative Bank

Originating Lender City

TAUNTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

106440.83

Forgiveness Date

08/30/2021

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