Magna Group Inc.
10200 Sw 25th St, Doral, FL 33172 · Industrial and Personal Service Paper Merchant Wholesalers (NAICS 424130)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
4
Total Amount
$10.2M
Jobs Supported
43
Years Active
2018–2023
Loan History (4)
Source: SBA FOIA7(a)$2,000,000
Paid in Full
- Approved
- Jan 31, 2023 (FY2023)
- SBA Guaranteed
- $1,800,000 (90%)
- Term
- 12 months (1.0 yrs)
- Interest Rate
- 7.50%
- Revolver
- 1
- Jobs Supported
- 10
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- Industry
- Industrial and Personal Service Paper Merchant Wholesalers (NAICS 424130)
- Paid in Full
- Jan 31, 2024
Lender
Banesco Usa
3155 Nw 77th Ave, Miami, FL 33122
Project Location
Miami-dade County, FL
7(a)$2,500,000
Paid in Full
- Approved
- Mar 23, 2021 (FY2021)
- SBA Guaranteed
- $2,250,000 (90%)
- Term
- 12 months (1.0 yrs)
- Interest Rate
- 4.25%
- Revolver
- 1
- Jobs Supported
- 10
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- Industry
- Industrial and Personal Service Paper Merchant Wholesalers (NAICS 424130)
- Paid in Full
- Mar 31, 2022
Lender
Banesco Usa
3155 Nw 77th Ave, Miami, FL 33122
Project Location
Miami-dade County, FL
7(a)$3,150,000
Paid in Full
- Approved
- Dec 17, 2019 (FY2020)
- SBA Guaranteed
- $2,835,000 (90%)
- Term
- 12 months (1.0 yrs)
- Interest Rate
- 5.75%
- Revolver
- 1
- Jobs Supported
- 10
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- Industry
- Industrial and Personal Service Paper Merchant Wholesalers (NAICS 424130)
- Paid in Full
- Feb 28, 2021
Lender
Banesco Usa
3155 Nw 77th Ave, Miami, FL 33122
Project Location
Miami-dade County, FL
7(a)$2,500,000
Paid in Full
- Approved
- Dec 14, 2017 (FY2018)
- SBA Guaranteed
- $2,250,000 (90%)
- Term
- 12 months (1.0 yrs)
- Interest Rate
- 5.25%
- Revolver
- 0
- Jobs Supported
- 13
- Business Type
- Corporation
- Business Age
- Existing, 5 or More Years
- Industry
- Industrial and Personal Service Paper Merchant Wholesalers (NAICS 424130)
- Paid in Full
- Feb 28, 2019
Lender
Banesco Usa
3155 Nw 77th Ave, Miami, FL 33122
Project Location
Miami-dade County, FL
Business Details
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- NAICS Code
- 424130 — Industrial and Personal Service Paper Merchant Wholesalers
- Address
- 10200 Sw 25th St
Doral, FL 33172
Lender
- Banesco Usa
- 3155 Nw 77th Ave, Miami, FL 33122