PPP borrower record
MAGNETIKA, INC. PPP loan record
Public SBA PPP loan record for MAGNETIKA, INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$1,146,499
Approved amount
$1,156,487
Forgiven amount
2020-04-15
Date approved
Borrower and loan details
Borrower
MAGNETIKA, INC.
Loan number
8672097107
Business type
Corporation
Business age
Existing or more than 2 years old
Borrower city
Gardena
Borrower state
California
Borrower ZIP
90249
Jobs reported
113
Loan status
Paid in Full
Forgiveness date
2021-03-09
Servicing lender
American Business Bank
Originating lender
American Business Bank
Reported use of proceeds
Payroll
$897,791
Rent
$41,000
Utilities
N/A
Mortgage interest
N/A
Health care
$207,708
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.