MAGNETIC COILS INC

PPP loan information & details

Business Information

Historical loan information does not establish current debt or wrongdoing. Missing values are shown as “Not reported”; recorded zeros remain zero. SBA source and field definitions.

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Business MAGNETIC COILS INC
Business Type Corporation
Business Category Other Electronic Parts and Equipment Merchant Wholesalers
Business Address 411 MANHATTAN AVE
WEST BABYLON NY 11704-5500
Jobs Retained 13
Loan Amount $128,155
Forgiveness Amount $128,843

Amount recorded as forgiven in the source. Do not subtract it from the approved amount to infer a current balance.

Loan Status Paid in Full

The source records this loan as paid in full. This status alone does not distinguish repayment from forgiveness.

Status date: Dec 12, 2020

Date Approved 04/27/2020
Lender Athol Savings Bank
388 Main Street
ATHOL MA 01331-2228
Ethnicity Owned Unanswered
Gender of Owner Unanswered
Is Owner a Veteran? Unanswered