Magalhaes Inc.
$145,500 PPP Loan in New Bedford, Massachusetts
Loan Details
- Loan Number
- 1448927307
- Date Approved
- Apr 28, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $145,500
- Current Approval
- $145,500
- Forgiveness Amount
- $146,664
- Forgiveness Date
- Feb 16, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Magalhaes Inc.
- Address
- 488 Belleville Avenue
- City
- New Bedford
- State
- Massachusetts
- ZIP Code
- 02746
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (445220)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 18
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- MA-09
Loan Use Breakdown
- Payroll
- $145,500
Lender Information
- Servicing Lender
- Baycoast Bank
- Originating Lender
- Baycoast Bank
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