Magellan Technology

$1,200,000 PPP Loan in Buffalo, New York

Loan Details

Loan Number
2406947102
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$1,200,000
Current Approval
$1,200,000
Forgiveness Amount
$1,206,641
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Magellan Technology
Address
2225 Kenmore Ave
ZIP Code
14207-1305
Business Type
Corporation
Industry (NAICS)
Manufacturing (325998)
Business Age
Unanswered
Jobs Reported
132
Estimated Revenue
$130.9M
Rural/Urban
Urban
Congressional District
NY-26

Loan Use Breakdown

Payroll
$1,200,000

Lender Information

Servicing Lender
Keybank National Association
Originating Lender
Keybank National Association

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