Magnatech International INC

$580,950 PPP Loan in Robesonia, Pennsylvania

Loan Details

Loan Number
7057348404
Date Approved
Feb 11, 2021
Loan Status
Paid in Full
Initial Approval
$580,950
Current Approval
$580,950
Forgiveness Amount
$583,608
Forgiveness Date
Aug 4, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Magnatech International INC
Address
17 E Meadow Ave
ZIP Code
19551-8855
Business Type
Corporation
Industry (NAICS)
Manufacturing (333999)
Business Age
Existing or more than 2 years old
Jobs Reported
34
Estimated Revenue
$8.9M
Rural/Urban
Urban
Congressional District
PA-09

Loan Use Breakdown

Payroll
$580,949
Utilities
$1

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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