As part of the Paycheck Protection Program MAGNETIKA, 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.

MAGNETIKA, INC


Loan Amount	$1,146,499
BusinessName	MAGNETIKA, INC
Address	2041 W 139TH ST
City	GARDENA
State	CA
Zip	90249
NAICSCode	334416
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	113
DateApproved	04/15/2020
Lender	American Business Bank
CD	CA-43
BusinessName.clean	MAGNETIKA

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

MAGNETROL INTERNATIONAL HOLDING CO
MAGNEY CONSTRUCTION
MAGNI INDUSTRIES
MAGNIPOWER COMPANY
MAGNIFICAT HIGH SCHOOL