PPP borrower record
MAG II, LLC PPP loan record
Public SBA PPP loan record for MAG II, LLC. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$59,457
Approved amount
$59,983
Forgiven amount
2020-04-05
Date approved
Borrower and loan details
Borrower
MAG II, LLC
Loan number
5128717008
Business type
Limited Liability Company
Business age
Existing or more than 2 years old
Borrower city
Oakland
Borrower state
Maine
Borrower ZIP
04963
Jobs reported
13
Loan status
Exemption 4
Forgiveness date
2021-03-03
Servicing lender
Loan Source Incorporated
Originating lender
Stearns Bank National Association
Reported use of proceeds
Payroll
$44,593
Rent
$6,468
Utilities
$3,400
Mortgage interest
$4,996
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.