PPP Loan information for Magnum manufacturing, inc.

$505,491

Magnum manufacturing, inc. was initially approved for PPP Loan of amount $505,491, the current approved amount is $505,491. The loan was approved on 01/21/2021 by The First Bank of the Lake reported 57 jobs and $505,491 was used to fund payroll.

Magnum manufacturing, inc. is Existing or more than 2 years old

PPP Loan Search / TN / Erin / Magnum manufacturing, inc.

MAGNUM MANUFACTURING, INC.

Date Approved

01/21/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

MAGNUM MANUFACTURING, INC.

Borrower Address

251 Mobley Ln

Borrower City

Erin

Borrower State

TN

Borrower Zip

37061-5044

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

505490.83

Current Approval Amount

505490.83

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

110352

Servicing Lender Name

First Bank of the Lake

Servicing Lender Address

4558 Osage Beach Pkwy, Ste 100

Servicing Lender City

OSAGE BEACH

Servicing Lender State

MO

Servicing Lender Zip

65065-2372

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Erin

Project County Name

HOUSTON

Project State

TN

Project Zip

37061-5044

CD

TN-07

Jobs Reported

57

NAICS Code

336370

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

505488.83

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

110352

Originating Lender

First Bank of the Lake

Originating Lender City

OSAGE BEACH

Originating Lender State

MO

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

511149.52

Forgiveness Date

03/22/2022

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