PPP borrower record
MAGNET AMERICA INTERNATIONAL INC. PPP loan record
Public SBA PPP loan record for MAGNET AMERICA INTERNATIONAL INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$199,903
Approved amount
$202,002
Forgiven amount
2020-04-09
Date approved
Borrower and loan details
Borrower
MAGNET AMERICA INTERNATIONAL INC.
Loan number
9796507008
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
King
Borrower state
North Carolina
Borrower ZIP
27021
Jobs reported
22
Loan status
Paid in Full
Forgiveness date
2021-05-11
Servicing lender
Truist Bank d/b/a Branch Banking & Trust Co
Originating lender
Truist Bank d/b/a Branch Banking & Trust Co
Reported use of proceeds
Payroll
$199,903
Rent
N/A
Utilities
N/A
Mortgage interest
N/A
Health care
N/A
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.