Magnetic Systems Int INC
$97,422 PPP Loan in Boyne City, Michigan
Loan Details
- Loan Number
- 3035258402
- Date Approved
- Feb 4, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $97,422
- Current Approval
- $97,422
- Forgiveness Amount
- $98,288
- Forgiveness Date
- Dec 29, 2021
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Magnetic Systems Int INC
- Address
- 1095 Dam Rd
- City
- Boyne City
- State
- Michigan
- ZIP Code
- 49712-9613
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (333999)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 9
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MI-01
Loan Use Breakdown
- Payroll
- $97,417
- Utilities
- $1
Lender Information
- Servicing Lender
- Citizens National Bank of Cheboygan
- Originating Lender
- Citizens National Bank of Cheboygan
Other PPP Loans in Boyne City, MI
| Business | Approved | |
|---|---|---|
| Great Lakes Energy Cooperative, INC | $6,412,600 | |
| Summertree Residential Centers INC | $1,000,802 | |
| True North Company, Inc. | $988,400 | |
| Bulmann Enterprises, Inc. | $570,907 | |
| Northern Michigan Escapes, LLC | $273,078 |
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