Magnetic Group, LLC

$11,100 PPP Loan in Minnetonka, Minnesota

Loan Details

Loan Number
3862998002
Date Approved
Jun 25, 2020
Loan Status
Paid in Full
Initial Approval
$11,100
Current Approval
$11,100
Forgiveness Amount
$11,199
Forgiveness Date
May 19, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Magnetic Group, LLC
Address
13100 Wayzata Boulevard
ZIP Code
55305
Business Type
Sole Proprietorship
Industry (NAICS)
Retail Trade (453998)
Business Age
Existing or more than 2 years old
Jobs Reported
2
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$11,100

Lender Information

Servicing Lender
Customers Bank
Originating Lender
Customers Bank

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