PPP Loan information for Magnum asset recovery & re-marketing solutions llc

$125,000

Magnum asset recovery & re-marketing solutions llc was initially approved for PPP Loan of amount $125,000, the current approved amount is $125,000. The loan was approved on 03/24/2021 by The Fifth Third Bank reported 7 jobs and $125,000 was used to fund payroll.

Magnum asset recovery & re-marketing solutions llc is Existing or more than 2 years old

MAGNUM ASSET RECOVERY & RE-MARKETING SOLUTIONS LLC

Date Approved

03/24/2021

SBA Office Code

0593

Processing Method

PPP

Borrower Name

MAGNUM ASSET RECOVERY & RE-MARKETING SOLUTIONS LLC

Borrower Address

4327 Emerald Lakes Blvd

Borrower City

Powell

Borrower State

OH

Borrower Zip

43065-7524

Loan Status Date

12/01/2022

Loan Status

Charged Off

Term

40

SBA Guaranty Percentage

100

Initial Approval Amount

125000.00

Current Approval Amount

125000.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Powell

Project County Name

DELAWARE

Project State

OH

Project Zip

43065-7524

CD

OH-04

Jobs Reported

7

NAICS Code

488410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

124997.00

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

Limited Liability Company(LLC)

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

0.00

Forgiveness Date

;