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
$1,104,996
Forgiven amount
2020-04-27
Date approved
Borrower and loan details
Borrower
MAGNI-POWER COMPANY
Loan number
3494787204
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
104
Loan status
Paid in Full
Forgiveness date
2021-01-19
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.