PPP Loan information for Magstone, llc

$1,050,800

Magstone, llc was initially approved for PPP Loan of amount $1,050,800, the current approved amount is $1,050,800. The loan was approved on 04/10/2020 by The ACNB Bank reported 72 jobs and $1,050,800 was used to fund payroll.

Magstone, llc is Existing or more than 2 years old

PPP Loan Search / MD / UNION BRIDGE / Magstone, llc

MAGSTONE, LLC

Date Approved

04/10/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

MAGSTONE, LLC

Borrower Address

4141 Bark Hill Rd PO Box 576

Borrower City

UNION BRIDGE

Borrower State

MD

Borrower Zip

21791-9219

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1050800.00

Current Approval Amount

1050800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60227

Servicing Lender Name

ACNB Bank

Servicing Lender Address

16 Lincoln Sq

Servicing Lender City

GETTYSBURG

Servicing Lender State

PA

Servicing Lender Zip

17325-2205

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

UNION BRIDGE

Project County Name

CARROLL

Project State

MD

Project Zip

21791-9219

CD

MD-02

Jobs Reported

72

NAICS Code

238910

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1050800.00

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

Sole Proprietorship

Originating Lender Location Id

60227

Originating Lender

ACNB Bank

Originating Lender City

GETTYSBURG

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1056988.04

Forgiveness Date

11/19/2020

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