PPP borrower record
MAG VENTURES, LLC PPP loan record
Public SBA PPP loan record for MAG VENTURES, LLC. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$1,074,515
Approved amount
$1,087,588
Forgiven amount
2020-04-03
Date approved
Borrower and loan details
Borrower
MAG VENTURES, LLC
Loan number
4489407010
Business type
Limited Liability Company
Business age
Existing or more than 2 years old
Borrower city
East Providence
Borrower state
Rhode Island
Borrower ZIP
02914
Jobs reported
78
Loan status
Exemption 4
Forgiveness date
2021-06-28
Servicing lender
Mechanics Cooperative Bank
Originating lender
Mechanics Cooperative Bank
Reported use of proceeds
Payroll
$944,515
Rent
$100,000
Utilities
$30,000
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.