PPP Loan information for Magrock inc.

$20,123

Magrock inc. was initially approved for PPP Loan of amount $20,123, the current approved amount is $20,123. The loan was approved on 04/27/2020 by The Portage Community Bank reported 15 jobs and $20,123 was used to fund payroll.

Magrock inc. is Existing or more than 2 years old

PPP Loan Search / OH / Alliance / Magrock inc.

MAGROCK INC.

Date Approved

04/27/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

MAGROCK INC.

Borrower Address

1690 S Union Avenue

Borrower City

Alliance

Borrower State

OH

Borrower Zip

44601

Loan Status Date

05/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20123.00

Current Approval Amount

20123.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122764

Servicing Lender Name

Portage Community Bank

Servicing Lender Address

1311 E Main St

Servicing Lender City

RAVENNA

Servicing Lender State

OH

Servicing Lender Zip

44266-3329

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Alliance

Project County Name

STARK

Project State

OH

Project Zip

44601-0001

CD

OH-06

Jobs Reported

15

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

20123.00

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

122764

Originating Lender

Portage Community Bank

Originating Lender City

RAVENNA

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20281.75

Forgiveness Date

02/16/2021

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