Date Approved
02/20/2021
SBA Office Code
0474
Processing Method
PPS
Borrower Name
MAGNUM PRESS INC.
Borrower Address
725 E Main St
Borrower City
Adamsville
Borrower State
TN
Borrower Zip
38310-2439
Loan Status Date
03/19/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
118307.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
188567
Servicing Lender Name
Loan Source Incorporated
Servicing Lender Address
353 East 83rd Street Suite 3H
Servicing Lender City
NEW YORK
Servicing Lender State
NY
Servicing Lender Zip
10028
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MCNAIRY
Project State
Project Zip
CD
TN-08
Jobs Reported
13
NAICS Code
333517
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
118304.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
29599
Originating Lender
Northeast Bank
Originating Lender City
LEWISTON
Originating Lender State
ME
Gender
Veteran
Non Profit
Forgiveness Amount
119480.35
Forgiveness Date
02/23/2022