Magnet America International Inc.

Parker, Aaron Lee Registered Agent	512 NEWSOME RD, KING, NC 27021
Leigh A Parker President	512 NEWSOME RD, KING, NC 27021
Paul Parker COO	512 NEWSOME RD, KING, NC 27021
Aaron Parker Senior VP of Finance	512 NEWSOME RD, KING, NC 27021

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512 NEWSOME RD, KING, NC 27021 View Map

Form 5500

512 Newsome Road, King, Nc 27021 (336) 985-2059 EIN:45-5545406 Plan Admin:Aaron Parker

Year	Plan Name	Participants BOY/EOY	Assets BOY/EOY
2022	Plan NameMAGNET AMERICA INTERNATIONAL INC 401K PLAN Plan #001 Participants BOY/EOY17 / 19 Assets BOY/EOY$458,346 / $422,723	2022	MAGNET AMERICA INTERNATIONAL INC 401K PLAN - Plan #001	17 / 19	$458,346 / $422,723
2021	Plan NameMAGNET AMERICA INTERNATIONAL INC 401K PLAN Plan #001 Participants BOY/EOY19 / 17 Assets BOY/EOY$369,486 / $458,346	2021	MAGNET AMERICA INTERNATIONAL INC 401K PLAN - Plan #001	19 / 17	$369,486 / $458,346
2020	Plan NameMAGNET AMERICA INTERNATIONAL INC 401K PLAN Plan #001 Participants BOY/EOY20 / 19 Assets BOY/EOY$285,744 / $369,486	2020	MAGNET AMERICA INTERNATIONAL INC 401K PLAN - Plan #001	20 / 19	$285,744 / $369,486
2019	Plan NameMAGNET AMERICA INTERNATIONAL INC 401K PLAN Plan #001 Participants BOY/EOY18 / 17 Assets BOY/EOY$210,232 / $285,744	2019	MAGNET AMERICA INTERNATIONAL INC 401K PLAN - Plan #001	18 / 17	$210,232 / $285,744

Benefit & Retirement Plans based on Form 5500.

PPP Loans

512 Newsome Rd, King, NC 27021-8510 Industry:Printing Ink Manufacturing

Loan Date	Approved	Forgiven	Lender	Jobs
02/26/2021	Approved$154,123 Forgiven$154,633 LenderTruist Bank Jobs17	02/26/2021	$154,123	$154,633	Truist Bank	17
04/09/2020	Approved$199,903 Forgiven$202,002 LenderTruist Bank Jobs22	04/09/2020	$199,903	$202,002	Truist Bank	22

PPP Loans based on Paycheck Protection Program.

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The following government agencies have contributed data:

North Carolina Secretary of State U.S. Department of Labor U.S. Small Business Administration

Company Summary