PPP Loan information for Video magic inc.

$21,700

Video magic inc. was initially approved for PPP Loan of amount $21,700, the current approved amount is $21,700. The loan was approved on 04/04/2020 by The First Western Bank & Trust reported 7 jobs and $21,700 was used to fund payroll.

Video magic inc. is Existing or more than 2 years old

PPP Loan Search / ND / MINOT / Video magic inc.

VIDEO MAGIC INC.

Date Approved

04/04/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

VIDEO MAGIC INC.

Borrower Address

1601 South Broadway

Borrower City

MINOT

Borrower State

ND

Borrower Zip

58701-6302

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

21700.00

Current Approval Amount

21700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52905

Servicing Lender Name

First Western Bank & Trust

Servicing Lender Address

900 S Broadway

Servicing Lender City

MINOT

Servicing Lender State

ND

Servicing Lender Zip

58701-4658

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MINOT

Project County Name

WARD

Project State

ND

Project Zip

58701-6302

CD

ND-

Jobs Reported

7

NAICS Code

532282

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

21700.00

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

52905

Originating Lender

First Western Bank & Trust

Originating Lender City

MINOT

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

21871.19

Forgiveness Date

01/25/2021

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