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
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

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