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Magenta LLC

$1,139,934 PPP Loan in Lockport, Illinois

Loan Details

Loan Number
3865867204
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$1,139,934
Current Approval
$1,139,934
Forgiveness Amount
$1,150,478
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Magenta LLC
Address
15160 New Ave
City
Lockport
State
Illinois
ZIP Code
60441-2244
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (326199)
Business Age
Existing or more than 2 years old
Jobs Reported
71
Estimated Revenue
$70.4M
Rural/Urban
Urban
Congressional District
IL-01

Loan Use Breakdown

Payroll
$854,951
Utilities
$113,993
Mortgage Interest
$170,990

Lender Information

Servicing Lender
Old Plank Trail Community Bank, National Association
Originating Lender
Old Plank Trail Community Bank, National Association

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