Magnetic Coils INC

$128,155 PPP Loan in West Babylon, New York

Loan Details

Loan Number
5031027202
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$128,155
Current Approval
$128,155
Forgiveness Amount
$128,843
Forgiveness Date
Nov 19, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Magnetic Coils INC
Address
411 Manhattan Ave
ZIP Code
11704-5500
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423690)
Business Age
Existing or more than 2 years old
Jobs Reported
13
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NY-02

Loan Use Breakdown

Payroll
$128,155

Lender Information

Servicing Lender
Athol Savings Bank
Originating Lender
Athol Savings Bank

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