Magna Tool Inc.

$270,907 PPP Loan in Cypress, California

Loan Details

Loan Number
4173657803
Date Approved
May 27, 2020
Loan Status
Paid in Full
Initial Approval
$270,907
Current Approval
$270,907
Forgiveness Amount
$274,918
Forgiveness Date
Nov 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Magna Tool Inc.
Address
5594 Market Pl
ZIP Code
90630-4710
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
CA-45

Loan Use Breakdown

Payroll
$270,907

Lender Information

Servicing Lender
U.s. Bank, National Association
Originating Lender
U.s. Bank, National Association

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