As part of the Paycheck Protection Program MAGIC LAUNDRY SERVICES INC 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 LAUNDRY SERVICES INC


Loan Amount	$4,103,140
BusinessName	MAGIC LAUNDRY SERVICES INC
Address	412 W Roosevelt Ave
City	Montebello
State	CA
Zip	90640
NAICSCode	812332
BusinessType	Subchapter S Corporation
RaceEthnicity	Unanswered
Gender	Male Owned
Veteran	Non-Veteran
NonProfit
JobsReported	400
DateApproved	05/01/2020
Lender	JPMorgan Chase Bank, National Association
CD	CA-38
BusinessName.clean	MAGIC LAUNDRY SERVICES

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 METALS
450 NORTH RIVER DRIVE
MAGIC ONE
MAGIC PLASTICS INCORPORATED
MAGIC SEASONING BLENDS