Majic Systems, Inc.

$56,700 PPP Loan in Swisher, Iowa

Loan Details

Loan Number
7565147207
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$56,700
Current Approval
$56,700
Forgiveness Amount
$57,275
Forgiveness Date
May 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Majic Systems, Inc.
Address
2827 120th Street NE
State
Iowa
ZIP Code
52338-9595
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722513)
Franchise
Dairy Queen Operating Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
33
Estimated Revenue
$5.9M
Rural/Urban
Urban
Congressional District
IA-01

Loan Use Breakdown

Payroll
$56,700

Lender Information

Servicing Lender
Cedar Rapids Bank and Trust Company
Originating Lender
Cedar Rapids Bank and Trust Company

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