PPP Loan information for Magothy auto services inc.

$88,417

Magothy auto services inc. was initially approved for PPP Loan of amount $88,417, the current approved amount is $88,417. The loan was approved on 03/23/2021 by The First National Bank of Pennsylvania reported 7 jobs and $88,417 was used to fund payroll.

Magothy auto services inc. is Existing or more than 2 years old

PPP Loan Search / MD / Severna Park / Magothy auto services inc.

MAGOTHY AUTO SERVICES INC.

Date Approved

03/23/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

MAGOTHY AUTO SERVICES INC.

Borrower Address

835 Ritchie Hwy Magothy Auto Services Inc

Borrower City

Severna Park

Borrower State

MD

Borrower Zip

21146-4116

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

88417.00

Current Approval Amount

88417.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60275

Servicing Lender Name

First National Bank of Pennsylvania

Servicing Lender Address

166 Main St

Servicing Lender City

GREENVILLE

Servicing Lender State

PA

Servicing Lender Zip

16125-2146

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Severna Park

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21146-4116

CD

MD-03

Jobs Reported

7

NAICS Code

811198

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

88414.00

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

Corporation

Originating Lender Location Id

60275

Originating Lender

First National Bank of Pennsylvania

Originating Lender City

GREENVILLE

Originating Lender State

PA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

88692.08

Forgiveness Date

07/23/2021

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