PPP Loan information for Magnum mobile welding

$19,600

Magnum mobile welding was initially approved for PPP Loan of amount $19,600, the current approved amount is $19,600. The loan was approved on 05/01/2020 by The First-Citizens Bank & Trust Company reported 2 jobs and $19,600 was used to fund payroll.

Magnum mobile welding is New Business or 2 years or less

MAGNUM MOBILE WELDING

Date Approved

05/01/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MAGNUM MOBILE WELDING

Borrower Address

171 REEDY LN

Borrower City

BEULAVILLE

Borrower State

NC

Borrower Zip

28518-9594

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

19600.00

Current Approval Amount

19600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

BEULAVILLE

Project County Name

ONSLOW

Project State

NC

Project Zip

28518-9594

CD

NC-03

Jobs Reported

2

NAICS Code

238190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

19600.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

19812.11

Forgiveness Date

06/04/2021

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