PPP Loan information for The magnificent 7 group inc.

$55,200

The magnificent 7 group inc. was initially approved for PPP Loan of amount $55,200, the current approved amount is $55,200. The loan was approved on 04/10/2020 by The Cornerstone Bank reported 10 jobs and $55,200 was used to fund payroll.

The magnificent 7 group inc. is Existing or more than 2 years old

PPP Loan Search / MA / NORTH OXFORD / The magnificent 7 group inc.

THE MAGNIFICENT 7 GROUP INC.

Date Approved

04/10/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

THE MAGNIFICENT 7 GROUP INC.

Borrower Address

130 SOUTHBRIDGE RD

Borrower City

NORTH OXFORD

Borrower State

MA

Borrower Zip

01537-1205

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55200.00

Current Approval Amount

55200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33352

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

230 Park Ave

Servicing Lender City

WORCESTER

Servicing Lender State

MA

Servicing Lender Zip

01609-1918

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH OXFORD

Project County Name

WORCESTER

Project State

MA

Project Zip

01537-1205

CD

MA-01

Jobs Reported

10

NAICS Code

424930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

55200.00

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

33352

Originating Lender

Cornerstone Bank

Originating Lender City

WORCESTER

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

55610.93

Forgiveness Date

01/14/2021

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