Magic Electric, Inc.
$73,590 PPP Loan in Mandeville, Louisiana
Loan Details
- Loan Number
- 3165847709
- Date Approved
- May 1, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $73,590
- Current Approval
- $73,590
- Forgiveness Amount
- $74,443
- Forgiveness Date
- Jul 2, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Magic Electric, Inc.
- Address
- 22317 Highway 1088
- City
- Mandeville
- State
- Louisiana
- ZIP Code
- 70448
- Business Type
- Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 8
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- LA-01
Loan Use Breakdown
- Payroll
- $67,690
- Rent
- $5,000
- Utilities
- $500
- Health Care
- $400
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
Other PPP Loans in Mandeville, LA
| Business | Approved | |
|---|---|---|
| Commcare Corporation | $9,019,560 | |
| Keystone Engineering, Inc. | $4,353,100 | |
| Ampirical Solutions, LLC | $2,784,800 | |
| Banner Ford L.l.c. | $2,717,200 | |
| Max Foote Construction Company LLC | $2,376,400 |
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