Magnetic Global, LLC

$328,645 PPP Loan in Temecula, California

Loan Details

Loan Number
8774907309
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$328,645
Current Approval
$328,645
Forgiveness Amount
$331,043
Forgiveness Date
Jan 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Magnetic Global, LLC
Address
41955 4th St., Suite 300
ZIP Code
92590
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Professional, Scientific, and Technical Services (541613)
Business Age
Unanswered
Jobs Reported
16
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
CA-48

Loan Use Breakdown

Payroll
$274,999
Rent
$30,000
Utilities
$3,646
Health Care
$20,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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