International Magnaproducts, Inc.

$112,600 PPP Loan in Valparaiso, Indiana

Loan Details

Loan Number
1883917701
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$112,600
Current Approval
$112,600
Forgiveness Amount
$113,587
Forgiveness Date
Mar 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
International Magnaproducts, Inc.
Address
3100 Cascade Dr
State
Indiana
ZIP Code
46383
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423510)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IN-01

Loan Use Breakdown

Payroll
$95,560
Rent
$8,000
Utilities
$4,442
Health Care
$4,598

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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