Magnetic Systems International

$97,422 PPP Loan in Petoskey, Michigan

Loan Details

Loan Number
1448317105
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$97,422
Current Approval
$97,422
Forgiveness Amount
$98,166
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Magnetic Systems International
Address
101 Greenwood Rd Unit 1
ZIP Code
49770-8963
Business Type
Corporation
Industry (NAICS)
Manufacturing (333999)
Business Age
Existing or more than 2 years old
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-01

Loan Use Breakdown

Payroll
$97,422

Lender Information

Servicing Lender
Citizens National Bank of Cheboygan
Originating Lender
Citizens National Bank of Cheboygan

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