Date Approved
05/01/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
MAGNUM EQUIPMENT LLC
Borrower Address
3443 Highland Dr
Borrower City
Hudsonville
Borrower State
MI
Borrower Zip
49426
Loan Status Date
05/15/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
154552.50
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
57328
Servicing Lender Name
The Huntington National Bank
Servicing Lender Address
17 S High St.
Servicing Lender City
COLUMBUS
Servicing Lender State
OH
Servicing Lender Zip
43215-3413
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Unanswered
Project City
Project County Name
OTTAWA
Project State
Project Zip
49426-0001
CD
MI-02
Jobs Reported
9
NAICS Code
532299
Race
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
155971.00
Forgiveness Date
04/08/2021