Magela Inc.

$222,600 PPP Loan in Corvallis, Oregon

Loan Details

Loan Number
1539188410
Date Approved
Feb 2, 2021
Loan Status
Paid in Full
Initial Approval
$222,600
Current Approval
$222,600
Forgiveness Amount
$223,795
Forgiveness Date
Aug 25, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Magela Inc.
Address
214 SW 2nd St
State
Oregon
ZIP Code
97333-4634
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
29
Estimated Revenue
$5.1M
Rural/Urban
Urban
Congressional District
OR-04

Loan Use Breakdown

Payroll
$222,598
Utilities
$1

Lender Information

Servicing Lender
Citizens Bank
Originating Lender
Citizens Bank

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