PPP Loan information for Magnum electric associates llc

$27,882

Magnum electric associates llc was initially approved for PPP Loan of amount $27,882, the current approved amount is $27,882. The loan was approved on 02/13/2021 by The Fifth Third Bank reported 3 jobs and $27,882 was used to fund payroll.

Magnum electric associates llc is Existing or more than 2 years old

PPP Loan Search / MI / Howell / Magnum electric associates llc

MAGNUM ELECTRIC ASSOCIATES LLC

Date Approved

02/13/2021

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MAGNUM ELECTRIC ASSOCIATES LLC

Borrower Address

5959 Sterling Dr

Borrower City

Howell

Borrower State

MI

Borrower Zip

48843-8862

Loan Status Date

09/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

27882.00

Current Approval Amount

27882.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Howell

Project County Name

LIVINGSTON

Project State

MI

Project Zip

48843-8862

CD

MI-07

Jobs Reported

3

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

27879.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

28300.23

Forgiveness Date

08/18/2022

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