Magic Industries, Inc.

$163,300 PPP Loan in Richmond, Virginia

Loan Details

Loan Number
3911067409
Date Approved
May 8, 2020
Loan Status
Exemption 4
Initial Approval
$163,300
Current Approval
$163,300
Forgiveness Amount
$64,246
Forgiveness Date
May 17, 2022
Term
24 months
Draw
First Draw

Business Information

Business Name
Magic Industries, Inc.
Address
3024 Bells Road
ZIP Code
23234-1608
Business Type
Corporation
Industry (NAICS)
Administrative and Support and Waste Management (561920)
Business Age
Existing or more than 2 years old
Jobs Reported
35
Estimated Revenue
$6.6M
Rural/Urban
Urban
Congressional District
VA-04

Loan Use Breakdown

Payroll
$122,475
Utilities
$20,413
Mortgage Interest
$20,413

Lender Information

Servicing Lender
First Community Bank
Originating Lender
First Community Bank

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