PPP Loan information for Magnum builders of new mexico, inc.

$198,339

Magnum builders of new mexico, inc. was initially approved for PPP Loan of amount $105,195, the current approved amount is $198,339. The loan was approved on 04/28/2020 by The DreamSpring reported 39 jobs and $198,339 was used to fund payroll.

Magnum builders of new mexico, inc. is Existing or more than 2 years old

MAGNUM BUILDERS OF NEW MEXICO, INC.

Date Approved

04/28/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

MAGNUM BUILDERS OF NEW MEXICO, INC.

Borrower Address

701 Comanche Road Northeast

Borrower City

Albuquerque

Borrower State

NM

Borrower Zip

87107

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

105195.00

Current Approval Amount

198339.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

506410

Servicing Lender Name

DreamSpring

Servicing Lender Address

2000 Zearing Ave. NW

Servicing Lender City

Albuquerque

Servicing Lender State

NM

Servicing Lender Zip

87104

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Albuquerque

Project County Name

BERNALILLO

Project State

NM

Project Zip

87107-0001

CD

NM-01

Jobs Reported

39

NAICS Code

236117

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

198339.00

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

Subchapter S Corporation

Originating Lender Location Id

506410

Originating Lender

DreamSpring

Originating Lender City

Albuquerque

Originating Lender State

NM

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

200845.78

Forgiveness Date

08/04/2021

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