Mag Instrument Incorporated

$3,022,822 PPP Loan in Ontario, California

Loan Details

Loan Number
3772127402
Date Approved
May 8, 2020
Loan Status
Paid in Full
Initial Approval
$3,022,822
Current Approval
$3,022,822
Forgiveness Amount
$3,055,369
Forgiveness Date
Jun 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mag Instrument Incorporated
Address
2001 South Hellman Avenue
ZIP Code
91761
Business Type
Corporation
Industry (NAICS)
Manufacturing (335129)
Business Age
Existing or more than 2 years old
Jobs Reported
246
Estimated Revenue
$64.4M
Rural/Urban
Urban
Congressional District
CA-35

Loan Use Breakdown

Payroll
$3,022,822

Lender Information

Servicing Lender
Wells Fargo Bank, National Association
Originating Lender
Wells Fargo Bank, National Association

Other PPP Loans in Ontario, CA

BusinessApproved
Cu Direct Corporation$8,826,979NewBizBotAI Deep Dive
Hmc Holdings$7,597,600NewBizBotAI Deep Dive
Employee Force Provider Inc.$4,750,000NewBizBotAI Deep Dive
Geologic Associates, Inc.$4,419,800NewBizBotAI Deep Dive
Certified Aviation Services, LLC$3,902,120NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free