Current business record

POWER MAGNETICS 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
POWER MAGNETICS INC
Approval date
Jan 21, 2021
Initial approval amount
$276,500.00
Current approval amount
$276,500.00
Loan status
Paid in Full (Mar 9, 2021)
Forgiveness amount
$280,109.86
Jobs reported
20
Address
377 Reservoir St
Trenton, NJ 08618-3641
Lender
Magyar Bank
NAICS code
333611
Business type
Corporation
Congressional district
NJ-12

Loan 2

$150,000–350,000
Filed business name
POWER MAGNETICS, INC
Approval date
Apr 4, 2020
Initial approval amount
$279,500.00
Current approval amount
$276,500.00
Loan status
Paid in Full (Mar 10, 2021)
Forgiveness amount
$278,758.08
Jobs reported
25
Address
377 RESERVOIR ST
TRENTON, NJ 08618-3641
Lender
Magyar Bank
NAICS code
333611
Business type
Corporation
Congressional district
NJ-12