Magellan Holdings, INC

$215,800 PPP Loan in Lindon, Utah

Loan Details

Loan Number
5004517005
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$215,800
Current Approval
$215,800
Forgiveness Amount
$217,159
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Magellan Holdings, INC
Address
199 North 209 West, Suite 200
City
Lindon
State
Utah
ZIP Code
84042
Business Type
Corporation
Industry (NAICS)
Finance and Insurance (524210)
Business Age
New Business or 2 years or less
Jobs Reported
22
Estimated Revenue
$11.3M
Rural/Urban
Urban
Congressional District
UT-03

Loan Use Breakdown

Payroll
$215,800

Lender Information

Servicing Lender
Live Oak Banking Company
Originating Lender
Live Oak Banking Company

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