PPP borrower record
MAGNI-POWER COMPANY PPP loan record
Public SBA PPP loan record for MAGNI-POWER COMPANY. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$1,097,300
Approved amount
N/A
Forgiven amount
2021-01-19
Date approved
Borrower and loan details
Borrower
MAGNI-POWER COMPANY
Loan number
1579428306
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Wooster
Borrower state
Ohio
Borrower ZIP
44691
Jobs reported
99
Loan status
Exemption 4
Forgiveness date
N/A
Servicing lender
Wayne Savings Community Bank
Originating lender
Wayne Savings Community Bank
Reported use of proceeds
Payroll
$1,097,300
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.