Magnetti Logistics INC

$246,790 PPP Loan in Duncansville, Pennsylvania

Loan Details

Loan Number
2188157102
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$246,790
Current Approval
$246,790
Forgiveness Amount
$249,184
Forgiveness Date
Apr 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Magnetti Logistics INC
Address
697 Aspen Ln
ZIP Code
16635-7068
Business Type
Subchapter S Corporation
Industry (NAICS)
Transportation and Warehousing (492210)
Business Age
New Business or 2 years or less
Jobs Reported
25
Estimated Revenue
$6.9M
Rural/Urban
Urban
Congressional District
PA-13

Loan Use Breakdown

Payroll
$246,790

Lender Information

Servicing Lender
Ameriserv Financial Bank
Originating Lender
Ameriserv Financial Bank

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