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
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

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