Magnatech LLC

$308,088 PPP Loan in East Granby, Connecticut

Loan Details

Loan Number
4565698309
Date Approved
Jan 23, 2021
Loan Status
Paid in Full
Initial Approval
$308,088
Current Approval
$308,088
Forgiveness Amount
$309,615
Forgiveness Date
Jul 30, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Magnatech LLC
Address
6 Kripes Rd
ZIP Code
06026-9645
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (333992)
Business Age
Existing or more than 2 years old
Jobs Reported
28
Estimated Revenue
$7.3M
Rural/Urban
Urban
Congressional District
CT-01

Loan Use Breakdown

Payroll
$308,086
Utilities
$1

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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