PPP Loan information for Magnum manufacturing, inc.

$481,860

Magnum manufacturing, inc. was initially approved for PPP Loan of amount $481,860, the current approved amount is $481,860. The loan was approved on 04/08/2020 by The First Bank of the Lake reported 40 jobs and $481,860 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

04/08/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MAGNUM MANUFACTURING, INC.

Borrower Address

251 MOBLEY LN

Borrower City

ERIN

Borrower State

TN

Borrower Zip

37061-5044

Loan Status Date

09/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

481859.54

Current Approval Amount

481859.54

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

40

NAICS Code

332119

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

481859.54

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

488391.41

Forgiveness Date

08/26/2021

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