Magnetika/east, LP

$145,000 PPP Loan in Marlborough, Massachusetts

Loan Details

Loan Number
8646397110
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$145,000
Current Approval
$144,960
Forgiveness Amount
$145,859
Forgiveness Date
Mar 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Magnetika/east, LP
Address
34 Saint Martin Dr Ste 11
ZIP Code
01752-3021
Business Type
Limited Liability Partnership
Industry (NAICS)
Manufacturing (334416)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MA-02

Loan Use Breakdown

Payroll
$127,860
Rent
$16,000
Health Care
$1,100

Lender Information

Servicing Lender
American Business Bank
Originating Lender
American Business Bank

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