MAGNETIC SYSTEMS INTERNATIONAL

PPP loan information & details

Business Information

Historical loan information does not establish current debt or wrongdoing. Missing values are shown as “Not reported”; recorded zeros remain zero. SBA source and field definitions.

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Business MAGNETIC SYSTEMS INTERNATIONAL
Business Type Corporation
Business Category All Other Miscellaneous General Purpose Machinery Manufacturing
Business Address 101 GREENWOOD RD UNIT 1
PETOSKEY MI 49770-8963
Jobs Retained 9
Loan Amount $97,422
Forgiveness Amount $98,166

Amount recorded as forgiven in the source. Do not subtract it from the approved amount to infer a current balance.

Loan Status Paid in Full

The source records this loan as paid in full. This status alone does not distinguish repayment from forgiveness.

Status date: Feb 18, 2021

Date Approved 04/10/2020
Lender Citizens National Bank of Cheboygan
303 N Main St
CHEBOYGAN MI 49721-1544
Ethnicity Owned Unanswered
Gender of Owner Unanswered
Is Owner a Veteran? Unanswered