PPP Loan information for Magnum power llc

$2,608,512

Magnum power llc was initially approved for PPP Loan of amount $2,608,512, the current approved amount is $2,608,512. The loan was approved on 04/09/2020 by The Riverview Bank reported 97 jobs and $2,608,512 was used to fund payroll.

Magnum power llc is Existing or more than 2 years old

PPP Loan Search / WA / KELSO / Magnum power llc

MAGNUM POWER LLC

Date Approved

04/09/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

MAGNUM POWER LLC

Borrower Address

3458 N Pacific Ave

Borrower City

KELSO

Borrower State

WA

Borrower Zip

98626

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2608512.00

Current Approval Amount

2608512.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84480

Servicing Lender Name

Riverview Bank

Servicing Lender Address

900 Washington, Ste 100

Servicing Lender City

VANCOUVER

Servicing Lender State

WA

Servicing Lender Zip

98660-3419

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KELSO

Project County Name

COWLITZ

Project State

WA

Project Zip

98626-0001

CD

WA-03

Jobs Reported

97

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

652127.00

Payroll Proceed

1956385.00

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

84480

Originating Lender

Riverview Bank

Originating Lender City

VANCOUVER

Originating Lender State

WA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2638582.35

Forgiveness Date

06/11/2021

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