Magna Associates Inc.

$2,626,452 PPP Loan in Boca Raton, Florida

Loan Details

Loan Number
1984837308
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$2,626,452
Current Approval
$2,626,452
Forgiveness Amount
$2,656,386
Forgiveness Date
Jun 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Magna Associates Inc.
Address
1 Town Center Road
State
Florida
ZIP Code
33486
Business Type
Subchapter S Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541990)
Business Age
Unanswered
Jobs Reported
121
Estimated Revenue
$16.9M
Rural/Urban
Urban
Congressional District
FL-23

Loan Use Breakdown

Payroll
$2,626,452

Lender Information

Servicing Lender
Bank of America, National Association
Originating Lender
Bank of America, National Association

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