Mag Daddy LLC

$87,900 PPP Loan in Wauconda, Illinois

Loan Details

Loan Number
7682687008
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$87,900
Current Approval
$87,900
Forgiveness Amount
$88,379
Forgiveness Date
Nov 2, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Mag Daddy LLC
Address
278 Jamie Ln
ZIP Code
60084-1079
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (332722)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-11

Loan Use Breakdown

Payroll
$70,320
Rent
$8,790
Utilities
$4,395
Debt Interest
$4,395

Lender Information

Servicing Lender
Cornerstone National Bank & Trust Company
Originating Lender
Cornerstone National Bank & Trust Company

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