Magneforce Inc.

$89,460 PPP Loan in Warren, Ohio

Loan Details

Loan Number
2595117708
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$89,460
Current Approval
$89,460
Forgiveness Amount
$90,444
Forgiveness Date
Jun 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Magneforce Inc.
Address
155 Shafer Dr
City
Warren
State
Ohio
ZIP Code
44484
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333994)
Business Age
Existing or more than 2 years old
Jobs Reported
80
Estimated Revenue
$20.9M
Rural/Urban
Urban
Congressional District
OH-14

Loan Use Breakdown

Payroll
$89,460

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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