Magna-Power Electronics, Inc

Flemington, NJ

North Carolina

Registered In

05/08/2019

Incorp. Date

Foreign

Registration Type

New Jersey

Foreign Jurisdiction

Company Summary

Magna-Power Electronics, Inc at 39 Royal Rd, Flemington, Nj 08822 lists Adam Pitel of Newton, PA and Ira J. Pitel of Flemington, NJ as associates.

39 ROYAL RD, FLEMINGTON, NJ 08822 View Map
106 GALLOP WAY, ARCHDALE, NC 27263 (Mailing) View Map

Form 5500

39 Royal Road, Flemington, Nj 08822 (908) 237-2200 EIN:22-2626767 Plan Admin:Adam Pitel

Year	Plan Name	Participants BOY/EOY	Assets BOY/EOY
2022	Plan NameMAGNA-POWER 401(K) PLAN Plan #001 Participants BOY/EOY85 / 123 Assets BOY/EOY$1,891,889 / $1,935,223	2022	MAGNA-POWER 401(K) PLAN - Plan #001	85 / 123	$1,891,889 / $1,935,223
2021	Plan NameMAGNA-POWER 401(K) PLAN Plan #001 Participants BOY/EOY97 / 104 Assets BOY/EOY$1,378,846 / $1,891,889	2021	MAGNA-POWER 401(K) PLAN - Plan #001	97 / 104	$1,378,846 / $1,891,889
2020	Plan NameMAGNA-POWER 401(K) PLAN Plan #001 Participants BOY/EOY93 / 97 Assets BOY/EOY$847,957 / $1,378,846	2020	MAGNA-POWER 401(K) PLAN - Plan #001	93 / 97	$847,957 / $1,378,846
2019	Plan NameMAGNA-POWER 401(K) PLAN Plan #001 Participants BOY/EOY96 / 93 Assets BOY/EOY$515,796 / $847,957	2019	MAGNA-POWER 401(K) PLAN - Plan #001	96 / 93	$515,796 / $847,957

Benefit & Retirement Plans based on Form 5500.

PPP Loans

39 Royal Rd, Flemington, NJ 08822

Loan Date	Approved	Forgiven	Lender	Jobs
04/15/2020	Approved$1,064,670 Forgiven$1,072,537 LenderFulton Bank, National Association Jobs71	04/15/2020	$1,064,670	$1,072,537	Fulton Bank, National Association	71

PPP Loans based on Paycheck Protection Program.

Address Match:39 Royal Rd Flemington, NJ

Magna-Power Electronics International Inc. Registered in Florida	Aventura, FL Flemington, NJ		View Report

Address Match:106 Gallop Way Archdale, NC

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Street Match:Royal Rd Flemington, NJ

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Street Match:Gallop Way Archdale, NC

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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

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