Magic Plastics, Incorporated
$1,095,000 PPP Loan in Valencia, California
Loan Details
- Loan Number
- 6960107005
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,095,000
- Current Approval
- $1,095,000
- Forgiveness Amount
- $1,104,420
- Forgiveness Date
- Feb 26, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Magic Plastics, Incorporated
- Address
- 25215 Avenue Stanford
- City
- Valencia
- State
- California
- ZIP Code
- 91355-1213
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (326199)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 109
- Estimated Revenue
- $108.1M
- Rural/Urban
- Urban
- Congressional District
- CA-27
Loan Use Breakdown
- Payroll
- $903,000
- Rent
- $64,000
- Utilities
- $50,000
- Health Care
- $78,000
Lender Information
- Servicing Lender
- American Business Bank
- Originating Lender
- American Business Bank
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| Sharpe Interior Systems, Inc. | $6,945,000 | AI Deep Dive |
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