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
- City
- Boca Raton
- 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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| Cherryroad Technologies Inc. | $6,220,800 | |
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