Florida Mag Enterprises Inc.

$754,200 PPP Loan in Delray Beach, Florida

Loan Details

Loan Number
4415027207
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$754,200
Current Approval
$754,200
Forgiveness Amount
$761,910
Forgiveness Date
May 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Florida Mag Enterprises Inc.
Address
2001 S Federal Hwy
State
Florida
ZIP Code
33483-3314
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Mazda North American Operations�dealer Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
75
Estimated Revenue
$18.9M
Rural/Urban
Urban
Congressional District
FL-22

Loan Use Breakdown

Payroll
$604,200
Rent
$120,000
Utilities
$30,000

Lender Information

Servicing Lender
Mechanics Cooperative Bank
Originating Lender
Mechanics Cooperative Bank

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