Magna Direct Distribution INC
$17,900 PPP Loan in Methuen, Massachusetts
Loan Details
- Loan Number
- 6551897105
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $17,900
- Current Approval
- $17,900
- Forgiveness Amount
- $18,091
- Forgiveness Date
- May 13, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Magna Direct Distribution INC
- Address
- 42 Magna Rd
- City
- Methuen
- State
- Massachusetts
- ZIP Code
- 01844-4655
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Wholesale Trade (425120)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 1
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- MA-03
Loan Use Breakdown
- Utilities
- $17,900
Lender Information
- Servicing Lender
- Enterprise Bank and Trust Company
- Originating Lender
- Enterprise Bank and Trust Company
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