Magic Auto Care INC

$58,654 PPP Loan in Belleville, New Jersey

Loan Details

Loan Number
5685717305
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$58,654
Current Approval
$29,327
Forgiveness Amount
$20,510
Forgiveness Date
May 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Magic Auto Care INC
Address
330 Little St
ZIP Code
07109
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811121)
Business Age
Existing or more than 2 years old
Jobs Reported
2
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NJ-11

Loan Use Breakdown

Payroll
$23,462
Rent
$800
Utilities
$1,261
Health Care
$1,907
Mortgage Interest
$279
Debt Interest
$1,618

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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