As part of the Paycheck Protection Program MAGELLAN TECHNOLOGY 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.

MAGELLAN TECHNOLOGY


Loan Amount	$1,200,000
BusinessName	MAGELLAN TECHNOLOGY
Address	2225 Kenmore Ave
City	BUFFALO
State	NY
Zip	14207
NAICSCode	325998
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	132
DateApproved	04/10/2020
Lender	KeyBank National Association
CD	NY-26
BusinessName.clean	MAGELLAN TECHNOLOGY

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

MAGELLAN TRANSPORT LOGISTICS
MAGEN DAVID YESHIVAH
MAGENTA
MAGGIE SOTTERO DESIGNS
MAGGIO KATTAR NAHAJZER ALEXANDER PC