Magic Corporation
$100,700 PPP Loan in Newton, Iowa
Loan Details
- Loan Number
- 1708807107
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $100,700
- Current Approval
- $100,700
- Forgiveness Amount
- $101,450
- Forgiveness Date
- Jan 7, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Magic Corporation
- Address
- 1301 E 36th St S
- City
- Newton
- State
- Iowa
- ZIP Code
- 50208-8191
- Business Type
- Corporation
- Industry (NAICS)
- Other Services (except Public Administration) (811112)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 11
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- IA-01
Loan Use Breakdown
- Payroll
- $80,568
- Utilities
- $10,066
- Debt Interest
- $10,066
Lender Information
- Servicing Lender
- Trubank
- Originating Lender
- Trubank
Other PPP Loans in Newton, IA
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|---|---|---|
| The Vernon Company | $2,000,000 |  AI Deep Dive |
| Van Maanen Electric Inc. | $2,000,000 | AI Deep Dive |
| Van Maanen Electric, Inc. | $1,969,300 | AI Deep Dive |
| Thombert, Inc. | $1,964,400 | AI Deep Dive |
| Fremont Farms of Iowa LLP | $1,881,250 | AI Deep Dive |
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