PPP borrower record
MAGNET PAINT & SHELLAC CO, INC. PPP loan record
Public SBA PPP loan record for MAGNET PAINT & SHELLAC CO, INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$157,800
Approved amount
N/A
Forgiven amount
2020-04-13
Date approved
Borrower and loan details
Borrower
MAGNET PAINT & SHELLAC CO, INC.
Loan number
5288527107
Business type
Corporation
Business age
Existing or more than 2 years old
Borrower city
Cullman
Borrower state
Alabama
Borrower ZIP
35057
Jobs reported
17
Loan status
Exemption 4
Forgiveness date
N/A
Servicing lender
Peoples Bank of Alabama
Originating lender
Peoples Bank of Alabama
Reported use of proceeds
Payroll
$123,825
Rent
N/A
Utilities
$11,274
Mortgage interest
$22,701
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.