Magic Island, INC

$95,000 PPP Loan in Buffalo Grove, Illinois

Loan Details

Loan Number
3044497704
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$95,000
Current Approval
$95,000
Forgiveness Amount
$96,060
Forgiveness Date
Jun 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Magic Island, INC
Address
1141 N Arlington Heights Rd
ZIP Code
60089
Business Type
Corporation
Industry (NAICS)
Health Care and Social Assistance (624410)
Business Age
Existing or more than 2 years old
Jobs Reported
16
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-09

Loan Use Breakdown

Payroll
$72,000
Rent
$23,000

Lender Information

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

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