Magic Industries, Inc.
$691,812 PPP Loan in Columbus, Ohio
Loan Details
- Loan Number
- 2946207104
- Date Approved
- Apr 11, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $691,812
- Current Approval
- $691,812
- Forgiveness Amount
- $698,950
- Forgiveness Date
- Apr 29, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Magic Industries, Inc.
- Address
- 4651 Poth Road
- City
- Columbus
- State
- Ohio
- ZIP Code
- 43213
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Other Services (except Public Administration) (811121)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 57
- Estimated Revenue
- $11.2M
- Rural/Urban
- Urban
- Congressional District
- OH-03
Loan Use Breakdown
- Payroll
- $553,450
- Rent
- $42,591
- Utilities
- $19,095
- Health Care
- $43,397
- Mortgage Interest
- $31,882
- Debt Interest
- $1,397
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
Other PPP Loans in Columbus, OH
| Business | Approved | |
|---|---|---|
| Anchor Hocking, LLC | $10,000,000 | |
| White Castle System INC | $10,000,000 | |
| Cameron Mitchell Restaurants, LLC | $10,000,000 | |
| Safe Auto Insurance Company | $9,426,700 | |
| George J. Igel & Co., Inc. | $9,420,600 |
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