PPP Loan information for Magothy payments, inc.

$20,930

Magothy payments, inc. was initially approved for PPP Loan of amount $20,930, the current approved amount is $20,930. The loan was approved on 04/28/2020 by The Arundel Federal Savings Bank reported 3 jobs and $20,930 was used to fund payroll.

Magothy payments, inc. is Unanswered

PPP Loan Search / MD / SEVERNA PARK / Magothy payments, inc.

MAGOTHY PAYMENTS, INC.

Date Approved

04/28/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

MAGOTHY PAYMENTS, INC.

Borrower Address

517 BENFIELD RD Suite 101A

Borrower City

SEVERNA PARK

Borrower State

MD

Borrower Zip

21146-2529

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20930.00

Current Approval Amount

20930.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

80108

Servicing Lender Name

Arundel Federal Savings Bank

Servicing Lender Address

655 Crain Hwy South

Servicing Lender City

GLEN BURNIE

Servicing Lender State

MD

Servicing Lender Zip

21061-3856

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

SEVERNA PARK

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21146-2529

CD

MD-03

Jobs Reported

3

NAICS Code

522390

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20930.00

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

80108

Originating Lender

Arundel Federal Savings Bank

Originating Lender City

GLEN BURNIE

Originating Lender State

MD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

21136.42

Forgiveness Date

04/29/2021

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