PPP Loan information for Magnum inc

$331,765

Magnum inc was initially approved for PPP Loan of amount $331,765, the current approved amount is $331,765. The loan was approved on 03/24/2021 by The PNC Bank, National Association reported 16 jobs and $331,765 was used to fund payroll.

Magnum inc is Existing or more than 2 years old

MAGNUM INC

Date Approved

03/24/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

MAGNUM INC

Borrower Address

650 Catherine St 650 Catherine St

Borrower City

Warminster

Borrower State

PA

Borrower Zip

18974-2802

Loan Status Date

02/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

331765.00

Current Approval Amount

331765.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Warminster

Project County Name

BUCKS

Project State

PA

Project Zip

18974-2802

CD

PA-01

Jobs Reported

16

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

331763.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

334345.39

Forgiveness Date

01/03/2022

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