PPP Loan information for Practical magic llc

$6,980

Practical magic llc was initially approved for PPP Loan of amount $6,980, the current approved amount is $6,980. The loan was approved on 04/09/2021 by The Methuen Co-Operative Bank reported 1 jobs and $6,980 was used to fund payroll.

Practical magic llc is Existing or more than 2 years old

PPP Loan Search / MA / Merrimac / Practical magic llc

PRACTICAL MAGIC LLC

Date Approved

04/09/2021

SBA Office Code

0101

Processing Method

PPP

Borrower Name

PRACTICAL MAGIC LLC

Borrower Address

7 Locust Grove Rd

Borrower City

Merrimac

Borrower State

MA

Borrower Zip

01860-1959

Loan Status Date

03/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

6980.00

Current Approval Amount

6980.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89291

Servicing Lender Name

Methuen Co-Operative Bank

Servicing Lender Address

243 Broadway

Servicing Lender City

METHUEN

Servicing Lender State

MA

Servicing Lender Zip

01844-3037

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Merrimac

Project County Name

ESSEX

Project State

MA

Project Zip

01860-1959

CD

MA-06

Jobs Reported

1

NAICS Code

812990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

6977.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

89291

Originating Lender

Methuen Co-Operative Bank

Originating Lender City

METHUEN

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

7022.07

Forgiveness Date

11/19/2021

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