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
- City
- Swisher
- 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
Other PPP Loans in Swisher, IA
| Business | Approved | |
|---|---|---|
| Midwest Dental Arts, Inc. | $733,800 | |
| Heartland Pavers, LLC | $661,500 | |
| Trey Electric Corporation | $354,600 | |
| Cortrol Iowa Inc. | $315,004 | |
| Cedar Ridge Vineyard, LLC | $304,600 |
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