Search icon

THE MAGNETIC COLLECTIVE, LLC

Company Details

Name: THE MAGNETIC COLLECTIVE, LLC
Jurisdiction: New York
Legal type: FOREIGN LIMITED LIABILITY COMPANY
Status: Active
Date of registration: 06 Jan 2011 (14 years ago)
Entity Number: 4039246
ZIP code: 10014
County: New York
Place of Formation: Delaware
Address: 180 VARICK ST, SUITE 1116, NEW YORK, NY, United States, 10014

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
THE MAGNETIC COLLECTIVE 401(K) PLAN 2023 274522538 2024-05-20 MAGNETIC COLLECTIVE, LLC 17
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2013-01-01
Business code 541910
Sponsor’s telephone number 6463767033
Plan sponsor’s address 36 COOPER SQUARE, 2ND FLOOR, NEW YORK, NY, 10010

Signature of

Role Plan administrator
Date 2024-05-20
Name of individual signing TERESA EDLESTON
THE MAGNETIC COLLECTIVE 401(K) PLAN 2022 274522538 2023-06-12 MAGNETIC COLLECTIVE, LLC 13
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2013-01-01
Business code 541910
Sponsor’s telephone number 6463767033
Plan sponsor’s address 36 COOPER SQUARE, 2ND FLOOR, NEW YORK, NY, 10010

Signature of

Role Plan administrator
Date 2023-06-12
Name of individual signing TERESA EDLESTON
THE MAGNETIC COLLECTIVE 401(K) PLAN 2021 274522538 2022-07-28 MAGNETIC COLLECTIVE, LLC 14
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2013-01-01
Business code 541910
Sponsor’s telephone number 6463767033
Plan sponsor’s address 36 COOPER SQUARE, 2ND FLOOR, NEW YORK, NY, 10010

Signature of

Role Plan administrator
Date 2022-07-28
Name of individual signing TERESA EDLESTON
THE MAGNETIC COLLECTIVE 401(K) PLAN 2020 274522538 2021-03-01 MAGNETIC COLLECTIVE, LLC 14
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2013-01-01
Business code 541910
Sponsor’s telephone number 6463767033
Plan sponsor’s address 36 COOPER SQUARE, 2ND FLOOR, NEW YORK, NY, 10010

Signature of

Role Plan administrator
Date 2021-03-01
Name of individual signing TERESA EDLESTON
THE MAGNETIC COLLECTIVE 401(K) PLAN 2019 274522538 2020-04-27 MAGNETIC COLLECTIVE, LLC 13
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2013-01-01
Business code 541910
Sponsor’s telephone number 6463767033
Plan sponsor’s address 36 COOPER SQUARE, 2ND FLOOR, NEW YORK, NY, 10010

Signature of

Role Plan administrator
Date 2020-04-27
Name of individual signing TERESA EDLESTON
THE MAGNETIC COLLECTIVE 401(K) PLAN 2018 274522538 2019-03-18 MAGNETIC COLLECTIVE, LLC 9
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2013-01-01
Business code 541910
Sponsor’s telephone number 6463767033
Plan sponsor’s address 36 COOPER SQUARE, 2ND FLOOR, NEW YORK, NY, 10010

Signature of

Role Plan administrator
Date 2019-03-18
Name of individual signing TERESA EDLESTON
THE MAGNETIC COLLECTIVE 401(K) PLAN 2017 274522538 2018-02-13 MAGNETIC COLLECTIVE, LLC 7
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2013-01-01
Business code 541910
Sponsor’s telephone number 6463767033
Plan sponsor’s address 36 COOPER SQUARE, 2ND FLOOR, NEW YORK, NY, 10010

Signature of

Role Plan administrator
Date 2018-02-13
Name of individual signing TERESA EDLESTON
THE MAGNETIC COLLECTIVE 401(K) PLAN 2016 274522538 2017-03-16 MAGNETIC COLLECTIVE, LLC 9
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2013-01-01
Business code 541910
Sponsor’s telephone number 6463767033
Plan sponsor’s address 36 COOPER SQUARE, 2ND FLOOR, NEW YORK, NY, 10010

Signature of

Role Plan administrator
Date 2017-03-16
Name of individual signing TERESA EDLESTON
THE MAGNETIC COLLECTIVE 401(K) PLAN 2015 274522538 2016-04-06 MAGNETIC COLLECTIVE, LLC 6
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2013-01-01
Business code 541910
Sponsor’s telephone number 6463767033
Plan sponsor’s address 36 COOPER SQUARE, 2ND FLOOR, NEW YORK, NY, 10010

Signature of

Role Plan administrator
Date 2016-04-06
Name of individual signing TERESA EDLESTON
THE MAGNETIC COLLECTIVE 401(K) PLAN 2014 274522538 2015-06-29 MAGNETIC COLLECTIVE, LLC 4
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2013-01-01
Business code 541910
Sponsor’s telephone number 6463767033
Plan sponsor’s address 36 COOPER SQUARE, 2ND FLOOR, NEW YORK, NY, 10010

Signature of

Role Plan administrator
Date 2015-06-29
Name of individual signing TERESA EDLESTON

DOS Process Agent

Name Role Address
THE MAGNETIC COLLECTIVE DOS Process Agent 180 VARICK ST, SUITE 1116, NEW YORK, NY, United States, 10014

History

Start date End date Type Value
2017-01-09 2021-01-05 Address 180 VARICK ST, SUITE 1010, NEW YORK, NY, 10014, USA (Type of address: Service of Process)
2011-01-06 2017-01-09 Address 77 WEST 24TH STREET, UNIT 3C, NEW YORK, NY, 10010, USA (Type of address: Service of Process)

Filings

Filing Number Date Filed Type Effective Date
210105061963 2021-01-05 BIENNIAL STATEMENT 2021-01-01
190114060558 2019-01-14 BIENNIAL STATEMENT 2019-01-01
170109006640 2017-01-09 BIENNIAL STATEMENT 2017-01-01
150105007943 2015-01-05 BIENNIAL STATEMENT 2015-01-01
130204006124 2013-02-04 BIENNIAL STATEMENT 2013-01-01
110106000726 2011-01-06 APPLICATION OF AUTHORITY 2011-01-06

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
4560157207 2020-04-27 0202 PPP 180 VARICK ST RM 1116, New York, NY, 10014-5434
Loan Status Date 2021-02-23
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 274059
Loan Approval Amount (current) 274059
Undisbursed Amount 0
Franchise Name -
Lender Location ID 378617
Servicing Lender Name HSBC Bank USA, National Association
Servicing Lender Address 1800 Tysons Blvd, Ste 50 Tysons II, MCLEAN, VA, 22102-4267
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address New York, NEW YORK, NY, 10014-5434
Project Congressional District NY-10
Number of Employees 13
NAICS code 541320
Borrower Race White
Borrower Ethnicity Unknown/NotStated
Business Type Limited Liability Company(LLC)
Originating Lender ID 378617
Originating Lender Name HSBC Bank USA, National Association
Originating Lender Address MCLEAN, VA
Gender Female Owned
Veteran Non-Veteran
Forgiveness Amount 275931.74
Forgiveness Paid Date 2021-01-08
9307058305 2021-01-30 0202 PPS 180 Varick St Rm 1116, New York, NY, 10014-5434
Loan Status Date 2021-12-15
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 289727
Loan Approval Amount (current) 289727
Undisbursed Amount 0
Franchise Name -
Lender Location ID 378617
Servicing Lender Name HSBC Bank USA, National Association
Servicing Lender Address 1800 Tysons Blvd, Ste 50 Tysons II, MCLEAN, VA, 22102-4267
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address New York, NEW YORK, NY, 10014-5434
Project Congressional District NY-10
Number of Employees 13
NAICS code 541910
Borrower Race White
Borrower Ethnicity Unknown/NotStated
Business Type Limited Liability Company(LLC)
Originating Lender ID 378617
Originating Lender Name HSBC Bank USA, National Association
Originating Lender Address MCLEAN, VA
Gender Female Owned
Veteran Non-Veteran
Forgiveness Amount 291996.53
Forgiveness Paid Date 2021-11-26

Date of last update: 27 Mar 2025

Sources: New York Secretary of State