As part of the Paycheck Protection Program MAGIC COIL PRODUCTS, 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.

MAGIC COIL PRODUCTS, LLC


Loan Amount	$907,916
BusinessName	MAGIC COIL PRODUCTS, LLC
Address	4143 COUNTY ROAD 61
City	BUTLER
State	IN
Zip	46721
NAICSCode	423510
BusinessType	Limited Liability Company(LLC)
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported
DateApproved	04/06/2020
Lender	First Merchants Bank
CD	IN-03
BusinessName.clean	MAGIC COIL PRODUCTS

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

MAGIC FOOD MANAGEMENT
MAGIC LAUNDRY SERVICES
MAGIC METALS
450 NORTH RIVER DRIVE
MAGIC ONE