MAGICHAL VELOCITY INC.

Company Details

Name:	MAGICHAL VELOCITY INC.
Jurisdiction:	New York
Legal type:	DOMESTIC BUSINESS CORPORATION
Status:	Active
Date of registration:	06 May 2015 (10 years ago)
Entity Number:	4754222
ZIP code:	12550
County:	Orange
Place of Formation:	New York
Address:	9 ugo drive, newburgh, NY, United States, 12550
Principal Address:	9 Ugo Dr., Newburgh, NY, United States, 12550

Shares Details

Shares issued 2500

Share Par Value 0

Type NO PAR VALUE

Name	Role	Address
CHRISTIAN HOEHN	DOS Process Agent	9 ugo drive, newburgh, NY, United States, 12550

Name	Role	Address
CHRISTIAN HOEHN	Agent	1903 WHISPERING HILLS, CHESTER, NY, 10918

Name	Role	Address
CHRISTIAN HOEHN	Chief Executive Officer	9 UGO DR., NEWBURGH, NY, United States, 12550

Filing Number	Date Filed	Type	Effective Date
220819001929	2022-08-19	BIENNIAL STATEMENT	2021-05-01
150506010123	2015-05-06	CERTIFICATE OF INCORPORATION	2015-05-06

Loan Number

Loan Funded Date

SBA Origination Office Code

Loan Delivery Method

Borrower Street Address

4942067003

2020-04-04

0202

PPP

1903 WHISPERING HLS, CHESTER, NY, 10918-1550

Loan Status Date	2022-02-18
Loan Status	Paid in Full
Loan Maturity in Months	24
SBA Guaranty Percentage	100
Loan Approval Amount (at origination)	21800
Loan Approval Amount (current)	21563
Undisbursed Amount	0
Franchise Name	Dryer Vent Wizard
Lender Location ID	188567
Servicing Lender Name	Loan Source Incorporated
Servicing Lender Address	353 East 83rd Street Suite 3H, NEW YORK, NY, 10028
Rural or Urban Indicator	U
Hubzone	N
LMI	N
Business Age Description	Existing or more than 2 years old
Project Address	CHESTER, ORANGE, NY, 10918-1550
Project Congressional District	NY-18
Number of Employees	3
NAICS code	561720
Borrower Race	White
Borrower Ethnicity	Not Hispanic or Latino
Business Type	Corporation
Originating Lender ID	36581
Originating Lender Name	Stearns Bank National Association
Originating Lender Address	SAINT CLOUD, MN
Gender	Male Owned
Veteran	Non-Veteran
Forgiveness Amount	21765.63
Forgiveness Paid Date	2021-03-23

7936688310

2021-01-28

0202

PPS

1903 Whispering Hls, Chester, NY, 10918-1550

Loan Status Date	2021-09-28
Loan Status	Paid in Full
Loan Maturity in Months	60
SBA Guaranty Percentage	100
Loan Approval Amount (at origination)	25017
Loan Approval Amount (current)	25017
Undisbursed Amount	0
Franchise Name	Dryer Vent Wizard
Lender Location ID	445275
Servicing Lender Name	Community Capital Resources
Servicing Lender Address	44 Executive Blvd, Elmsford, NY, 10523
Rural or Urban Indicator	U
Hubzone	N
LMI	N
Business Age Description	Existing or more than 2 years old
Project Address	Chester, ORANGE, NY, 10918-1550
Project Congressional District	NY-18
Number of Employees	4
NAICS code	811412
Borrower Race	White
Borrower Ethnicity	Not Hispanic or Latino
Business Type	Corporation
Originating Lender ID	445275
Originating Lender Name	Community Capital Resources
Originating Lender Address	Elmsford, NY
Gender	Male Owned
Veteran	Non-Veteran
Forgiveness Amount	25149.73
Forgiveness Paid Date	2021-08-16

Date of last update: 25 Mar 2025