PPP Loan information for Magnum builders of sarasota inc

$167,979

Magnum builders of sarasota inc was initially approved for PPP Loan of amount $167,979, the current approved amount is $167,979. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 9 jobs and $167,979 was used to fund payroll.

Magnum builders of sarasota inc is New Business or 2 years or less

PPP Loan Search / FL / Sarasota / Magnum builders of sarasota inc

MAGNUM BUILDERS OF SARASOTA INC

Date Approved

05/01/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

MAGNUM BUILDERS OF SARASOTA INC

Borrower Address

4545 Northgate Ct

Borrower City

Sarasota

Borrower State

FL

Borrower Zip

34234

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

167979.00

Current Approval Amount

167979.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Sarasota

Project County Name

SARASOTA

Project State

FL

Project Zip

34234-0001

CD

FL-17

Jobs Reported

9

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

167979.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

169865.89

Forgiveness Date

06/17/2021

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