Magnifact, LLC

$70,000 PPP Loan in Wilmette, Illinois

Loan Details

Loan Number
2957917710
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$70,000
Current Approval
$70,000
Forgiveness Amount
$70,636
Forgiveness Date
Apr 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Magnifact, LLC
Address
241 Greenleaf Ave
ZIP Code
60091
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Professional, Scientific, and Technical Services (541511)
Business Age
Existing or more than 2 years old
Jobs Reported
4
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-09

Loan Use Breakdown

Payroll
$56,000
Rent
$5,400
Health Care
$6,600
Debt Interest
$2,000

Lender Information

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

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