Magna-Tech Electronic Co. Inc.

$154,426 PPP Loan in Coral Gables, Florida

Loan Details

Loan Number
1086538502
Date Approved
Feb 18, 2021
Loan Status
Paid in Full
Initial Approval
$154,426
Current Approval
$154,426
Forgiveness Amount
$155,820
Forgiveness Date
Jan 11, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Magna-Tech Electronic Co. Inc.
Address
329 Palermo Ave
State
Florida
ZIP Code
33134-6601
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423410)
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
FL-27

Loan Use Breakdown

Payroll
$154,422
Utilities
$1

Lender Information

Servicing Lender
Bankunited, National Association
Originating Lender
Bankunited, National Association

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