PPP Loan information for Magnum systems inc

$1,253,200

Magnum systems inc was initially approved for PPP Loan of amount $1,253,200, the current approved amount is $1,253,200. The loan was approved on 02/25/2021 by The CrossFirst Bank reported 79 jobs and $1,253,200 was used to fund payroll.

Magnum systems inc is Existing or more than 2 years old

MAGNUM SYSTEMS INC

Date Approved

02/25/2021

SBA Office Code

0709

Processing Method

PPS

Borrower Name

MAGNUM SYSTEMS INC

Borrower Address

2205 Jothi Ave

Borrower City

Parsons

Borrower State

KS

Borrower Zip

67357-8477

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1253200.00

Current Approval Amount

1253200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

450916

Servicing Lender Name

CrossFirst Bank

Servicing Lender Address

11440 Tomahawk Creek Pkwy

Servicing Lender City

LEAWOOD

Servicing Lender State

KS

Servicing Lender Zip

66211-2672

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Parsons

Project County Name

LABETTE

Project State

KS

Project Zip

67357-8477

CD

KS-02

Jobs Reported

79

NAICS Code

333999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1253198.00

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

450916

Originating Lender

CrossFirst Bank

Originating Lender City

LEAWOOD

Originating Lender State

KS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1259953.36

Forgiveness Date

09/14/2021

;