Magnitude Lighting Converters, INC

$361,810 PPP Loan in Tustin, California

Loan Details

Loan Number
4719247202
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$361,810
Current Approval
$361,810
Forgiveness Amount
$365,609
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Magnitude Lighting Converters, INC
Address
14711 Bentley Circle Ste B
City
Tustin
ZIP Code
92780-7262
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423690)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
$7.4M
Rural/Urban
Urban
Congressional District
CA-40

Loan Use Breakdown

Payroll
$361,810

Lender Information

Servicing Lender
Hsbc Bank Usa, National Association
Originating Lender
Hsbc Bank Usa, National Association

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