Magic Touch Corporation

$260,700 PPP Loan in Jonesboro, Arkansas

Loan Details

Loan Number
4871887102
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$260,700
Current Approval
$260,700
Forgiveness Amount
$262,321
Forgiveness Date
Dec 7, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Magic Touch Corporation
Address
Po Box 2516
ZIP Code
72402
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (812320)
Business Age
Existing or more than 2 years old
Jobs Reported
54
Estimated Revenue
$10.3M
Rural/Urban
Rural
Congressional District
AR-01

Loan Use Breakdown

Payroll
$208,560
Rent
$36,498
Utilities
$15,642

Lender Information

Servicing Lender
First National Bank
Originating Lender
First National Bank

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