MAGIC CITY ENTERPRISES INC (WY) - 2020 PPP Loan Borrower Profile (# 3861437109)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to MAGIC CITY ENTERPRISES INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Wyoming.

Loan Detail

Loan Number

3861437109

SBA Office Code

0897

Processing Method

PPP

Curent Loan Amount

$742,500

Date Loan was Approved

Apr 12, 2020

Amount Forgiven

$746,914.32

Date Loan was Forgiven

Nov 17, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

742,500

Lender

First Interstate Bank

Business Detail

Business Type

Non-Profit Organization

NAICS

623210

Borrower Location

CHEYENNE, WY

Project Location

CHEYENNE, WY

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

139

Business Age Description

Existing or more than 2 years old

Data Source: SBA.