Magic Coil Products, LLC

$907,916 PPP Loan in Butler, Indiana

Loan Details

Loan Number
6350247004
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$907,916
Current Approval
$907,916
Forgiveness Amount
$916,622
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Magic Coil Products, LLC
Address
4143 County Road 61
City
Butler
State
Indiana
ZIP Code
46721-9562
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Wholesale Trade (423510)
Business Age
Existing or more than 2 years old
Jobs Reported
59
Estimated Revenue
$18.1M
Rural/Urban
Rural
Congressional District
IN-03

Loan Use Breakdown

Payroll
$907,916

Lender Information

Servicing Lender
First Merchants Bank
Originating Lender
First Merchants Bank

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