Engineered Magnetics INC

$328,624 PPP Loan in Inglewood, California

Loan Details

Loan Number
7645228301
Date Approved
Jan 28, 2021
Loan Status
Paid in Full
Initial Approval
$328,624
Current Approval
$328,624
Forgiveness Amount
$330,532
Forgiveness Date
Aug 27, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Engineered Magnetics INC
Address
10524 S La Cienega Blvd
ZIP Code
90304-1116
Business Type
Corporation
Industry (NAICS)
Manufacturing (336413)
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
CA-43

Loan Use Breakdown

Payroll
$328,619
Utilities
$1

Lender Information

Servicing Lender
East West Bank
Originating Lender
East West Bank

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