PPP Loan information for Magnum alliance llc

$11,150

Magnum alliance llc was initially approved for PPP Loan of amount $11,150, the current approved amount is $11,150. The loan was approved on 06/23/2020 by The Security State Bank reported 2 jobs and $11,150 was used to fund payroll.

Magnum alliance llc is Existing or more than 2 years old

PPP Loan Search / IA / Hubbard / Magnum alliance llc

MAGNUM ALLIANCE LLC

Date Approved

06/23/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MAGNUM ALLIANCE LLC

Borrower Address

16898 230th St

Borrower City

Hubbard

Borrower State

IA

Borrower Zip

50122

Loan Status Date

07/22/2020

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

11150.00

Current Approval Amount

11150.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25400

Servicing Lender Name

Security State Bank

Servicing Lender Address

207 Isabella St

Servicing Lender City

RADCLIFFE

Servicing Lender State

IA

Servicing Lender Zip

50230

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hubbard

Project County Name

HARDIN

Project State

IA

Project Zip

50122-0001

CD

IA-02

Jobs Reported

2

NAICS Code

112210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

11150.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

25400

Originating Lender

Security State Bank

Originating Lender City

RADCLIFFE

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

11260.57

Forgiveness Date

07/02/2021

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