Magic City Motorcyles INC

$313,485 PPP Loan in Minot, North Dakota

Loan Details

Loan Number
1918528307
Date Approved
Jan 20, 2021
Loan Status
Paid in Full
Initial Approval
$313,485
Current Approval
$313,485
Forgiveness Amount
$315,079
Forgiveness Date
Jul 28, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Magic City Motorcyles INC
Address
6701 Highway 83 S
City
Minot
ZIP Code
58701-7636
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441228)
Franchise
Harley Davidson - Motor Cycle Dealer Contract
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
$6.5M
Rural/Urban
Urban
Congressional District
ND-

Loan Use Breakdown

Payroll
$313,483
Utilities
$1

Lender Information

Servicing Lender
First Western Bank & Trust
Originating Lender
First Western Bank & Trust

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