As part of the Paycheck Protection Program MAG VENTURES, LLC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

MAG VENTURES, LLC


Loan Amount	$1,074,515
BusinessName	MAG VENTURES, LLC
Address	415 TAUNTON AVE
City	EAST PROVIDENCE
State	RI
Zip	2914
NAICSCode	441110
BusinessType	Limited Liability Company(LLC)
RaceEthnicity	White
Gender	Male Owned
Veteran	Non-Veteran
NonProfit
JobsReported	78
DateApproved	04/03/2020
Lender	Mechanics Cooperative Bank
CD	RI-01
BusinessName.clean	MAG VENTURES

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

MAGT
MAGANA LABOR SERVICES
MAGBEE BROS LUMBER AND SUPPLY COMPANY OC
MAGEE BENEVOLENT ASSOCIATION
MAGEE PLASTICS COMPANY