Current business record

MAGNETICWHEELS ENTERPRISES INC.

We found 2 public loan records at or above $150,000 in the current SBA release.

This is a historical government-data listing. It does not establish wrongdoing, eligibility, forgiveness, or the final amount disbursed.

Loan 1

$150,000–350,000
Filed business name
MAGNETICWHEELS ENTERPRISES INC.
Approval date
Mar 13, 2021
Initial approval amount
$250,000.00
Current approval amount
$250,000.00
Loan status
Paid in Full (Apr 6, 2021)
Forgiveness amount
$252,895.83
Jobs reported
16
Address
644 Foster St
Durham, NC 27701-2109
Lender
Truist Bank
NAICS code
722511
Business type
Corporation
Congressional district
NC-04

Loan 2

$150,000–350,000
Filed business name
MAGNETICWHEELS ENTERPRISES INCORPORATED
Approval date
Apr 13, 2020
Initial approval amount
$178,900.00
Current approval amount
$178,900.00
Loan status
Paid in Full (Oct 21, 2021)
Forgiveness amount
$181,484.11
Jobs reported
48
Address
644 FOSTER ST
DURHAM, NC 27701-2109
Lender
Truist Bank
NAICS code
541618
Business type
Corporation
Congressional district
NC-04