PPP borrower record
MAG INSULATION INC PPP loan record
Public SBA PPP loan record for MAG INSULATION INC. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$85,750
Approved amount
$86,377
Forgiven amount
2020-04-06
Date approved
Borrower and loan details
Borrower
MAG INSULATION INC
Loan number
5888307006
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Auburn
Borrower state
Michigan
Borrower ZIP
48611
Jobs reported
6
Loan status
Exemption 4
Forgiveness date
2021-01-07
Servicing lender
Isabella Bank
Originating lender
Isabella Bank
Reported use of proceeds
Payroll
$54,450
Rent
$8,500
Utilities
$2,300
Mortgage interest
N/A
Health care
$20,500
Debt interest
N/A
Location pages
Related directories
Source note
PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.