Magic Mechanical, Inc.

$471,220 PPP Loan in So Ozone Park, New York

Loan Details

Loan Number
3272177105
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$471,220
Current Approval
$471,220
Forgiveness Amount
$477,506
Forgiveness Date
Aug 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Magic Mechanical, Inc.
Address
88-05 101st Ave
ZIP Code
11417
Business Type
Corporation
Industry (NAICS)
Construction (236118)
Business Age
Existing or more than 2 years old
Jobs Reported
43
Estimated Revenue
$13.1M
Rural/Urban
Urban
Congressional District
NY-05

Loan Use Breakdown

Payroll
$428,000
Rent
$30,000
Utilities
$1,420
Health Care
$11,800

Lender Information

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

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