Maginnis Orthodontics INC

$311,000 PPP Loan in Bluffton, South Carolina

Loan Details

Loan Number
5477247007
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$311,000
Current Approval
$312,000
Forgiveness Amount
$313,804
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Maginnis Orthodontics INC
Address
Fording Island Rd
ZIP Code
29910-4209
Business Type
Corporation
Industry (NAICS)
Health Care and Social Assistance (621210)
Business Age
Existing or more than 2 years old
Jobs Reported
48
Estimated Revenue
$11.1M
Rural/Urban
Urban
Congressional District
SC-01

Loan Use Breakdown

Payroll
$234,000
Rent
$19,500
Utilities
$19,500
Health Care
$19,500
Debt Interest
$19,500

Lender Information

Servicing Lender
Village Bank and Trust, National Association
Originating Lender
Village Bank and Trust, National Association

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