PPP Loan information for Magnum plastics, inc.

$742,300

Magnum plastics, inc. was initially approved for PPP Loan of amount $742,300, the current approved amount is $742,300. The loan was approved on 04/28/2020 by The Mountain View Bank of Commerce reported 64 jobs and $742,300 was used to fund payroll.

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

MAGNUM PLASTICS, INC.

Date Approved

04/28/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

MAGNUM PLASTICS, INC.

Borrower Address

425 BONNELL AVE

Borrower City

ERIE

Borrower State

CO

Borrower Zip

80516-8434

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

742300.00

Current Approval Amount

742300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

453675

Servicing Lender Name

Mountain View Bank of Commerce

Servicing Lender Address

12001 N Pecos St

Servicing Lender City

WESTMINSTER

Servicing Lender State

CO

Servicing Lender Zip

80234-2073

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ERIE

Project County Name

WELD

Project State

CO

Project Zip

80516-8434

CD

CO-02

Jobs Reported

64

NAICS Code

333249

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

742300.00

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

Corporation

Originating Lender Location Id

453675

Originating Lender

Mountain View Bank of Commerce

Originating Lender City

WESTMINSTER

Originating Lender State

CO

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

749723.00

Forgiveness Date

05/11/2021

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