Magni-Flood Inc.

$260,290 PPP Loan in Amityville, New York

Loan Details

Loan Number
1880737210
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$260,290
Current Approval
$260,290
Forgiveness Amount
$263,649
Forgiveness Date
Aug 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Magni-Flood Inc.
Address
7200 New Horizons Blvd
ZIP Code
11701
Business Type
Corporation
Industry (NAICS)
Manufacturing (335122)
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
$6.5M
Rural/Urban
Urban
Congressional District
NY-02

Loan Use Breakdown

Payroll
$245,000
Utilities
$15,290

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Stearns Bank National Association

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