Magnus On Water, LLC

$63,900 PPP Loan in Biddeford, Maine

Loan Details

Loan Number
8008757008
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$63,900
Current Approval
$63,900
Forgiveness Amount
$64,319
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Magnus On Water, LLC
Address
12 Water Street. Ste 101
State
Maine
ZIP Code
04005-2633
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
New Business or 2 years or less
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
ME-01

Loan Use Breakdown

Payroll
$47,926
Rent
$11,250
Utilities
$4,724

Lender Information

Servicing Lender
Maine Community Bank
Originating Lender
Maine Community Bank

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