PPP Loan information for The magnificent 7 group inc

$68,291

The magnificent 7 group inc was initially approved for PPP Loan of amount $68,291, the current approved amount is $68,291. The loan was approved on 01/26/2021 by The Cornerstone Bank reported 10 jobs and $68,291 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

01/26/2021

SBA Office Code

0101

Processing Method

PPS

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

08/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

68290.82

Current Approval Amount

68290.82

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

484220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

68286.82

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

68592.44

Forgiveness Date

07/08/2021

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