Corona Magnetics INC

$800,898 PPP Loan in Corona, California

Loan Details

Loan Number
4053177709
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$800,898
Current Approval
$936,016
Forgiveness Amount
$945,658
Forgiveness Date
May 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Corona Magnetics INC
Address
201 Corporate Terrace St.
City
Corona
ZIP Code
92879
Business Type
Corporation
Industry (NAICS)
Manufacturing (334416)
Business Age
Existing or more than 2 years old
Jobs Reported
102
Estimated Revenue
$26.7M
Rural/Urban
Urban
Congressional District
CA-41

Loan Use Breakdown

Payroll
$936,016

Lender Information

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

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