Magton INC

$222,100 PPP Loan in Ocean City, New Jersey

Loan Details

Loan Number
4677797106
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$222,100
Current Approval
$222,100
Forgiveness Amount
$224,889
Forgiveness Date
Jul 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Magton INC
Address
1280 Boardwalk
ZIP Code
08226-3241
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NJ-02

Loan Use Breakdown

Payroll
$222,100

Lender Information

Servicing Lender
Pnc Bank, National Association
Originating Lender
Pnc Bank, National Association

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