Magic Sneaker of Newark INC
$76,500 PPP Loan in Passaic, New Jersey
Loan Details
- Loan Number
- 3216357705
- Date Approved
- May 1, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $76,500
- Current Approval
- $76,500
- Forgiveness Amount
- $77,023
- Forgiveness Date
- Jan 8, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Magic Sneaker of Newark INC
- Address
- 61 Willet Street Bldg S 2nd Fl
- City
- Passaic
- State
- New Jersey
- ZIP Code
- 07055
- Business Type
- Corporation
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 120
- Estimated Revenue
- N/A
- Rural/Urban
- Urban
- Congressional District
- NJ-09
Loan Use Breakdown
- Payroll
- $59,000
- Rent
- $14,000
- Utilities
- $3,500
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
Other PPP Loans in Passaic, NJ
| Business | Approved | |
|---|---|---|
| Staffing Visionaries INC | $3,667,930 | |
| Yeshiva Ktana of Passaic | $2,605,555 | |
| Atlantic Coast Fibers, LLC | $2,003,763 | |
| American Carpet South | $1,954,818 | |
| Northeast Talent Solutions, LLC | $1,836,800 |
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