Magnespec
$176,320 PPP Loan in Compton, California
Loan Details
- Loan Number
- 2895347709
- Date Approved
- May 1, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $176,320
- Current Approval
- $176,320
- Forgiveness Amount
- $178,259
- Forgiveness Date
- Jun 10, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Magnespec
- Address
- 1301 W Mahalo Pl
- City
- Compton
- State
- California
- ZIP Code
- 90220
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (334416)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 23
- Estimated Revenue
- $6.0M
- Rural/Urban
- Urban
- Congressional District
- CA-43
Loan Use Breakdown
- Payroll
- $135,070
- Rent
- $20,000
- Utilities
- $1,750
- Health Care
- $19,500
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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